Business lines of credit help to level cash flow during times when you need cash to address any business expenses that may arise. Business lines of credit help you with:
How does a business line of credit work?
Lines of credit are revolving loans, meaning that you can draw as needed, and pay down the balance when it is convenient for you. With a revolving line of credit, interest only payments are due monthly based on funds advanced making them more similar to a business credit card than a fixed business loan.
For more information on whether a line of credit is right for you, please contact our Business Banking Team.
