Revolving Operating Line
If you are a business looking for access to open-ended credit for ongoing needs such as periodic working capital or inventory management, a business line of credit may be the solution for managing your cash flow.
Available as a secured line of credit with a General Security Agreement, a Revolving Operating Line of Credit has a term of 12 months or less.
The balance of this operating line of credit can fluctuate with your need for working cash in your business. Sweep features allow you to move funds on demand from your operating line into your business checking as needed and pay down on your operating line as surplus funds become available in your checking account. It can also be coupled to a borrowing base.
For more information on our Commercial Lines of Credit, contact one of our Commercial Lenders.