Our lines of credit (LOC) offer a wide-range of benefits, including:
First, determine if your business can benefit from short-term financing. A business can benefit from an LOC when supporting cashflow while waiting for receivables to come (i.e. covering seasonal start up expenses, small, unexpected expenses, or inventory).
If you need short-term financing or further guidance, contact us to book an appointment with a Business Advisor.
For your appointment, please prepare to bring your business' financial statements and cash flow projections. This will allow our Advisors to understand your business' financial position and as a result, provide tailored solutions.
A line of credit is a variable-rate loan that allows you to borrow up to specific limit on an ongoing basis. The two types are:
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