Lines of Credit

We offer revolving lines of credit to our business customers.  Many businesses find that having a line of credit in place to be of great value, from taking advantage of volume discounts when purchasing goods or material to providing a source of liquidity during seasonally slower periods.  A business with a line of credit in place is better prepared to address the inevitable variations in cash flow that occur.
 
Our business lines of credit can be unsecured or secured by a wide array of assets, from real estate to accounts receivable to equipment.  Interest rates are typically floating, based upon a number of indices including the Wall Street Journal Prime Rate or 1, 3, 6, or 12 month LIBOR.  Our technology systems allow us to customize your line of credit to best fit your needs, from varying the means of access to adjusting the amount of available credit based upon the fluctuation of your accounts receivable.  The amount and timing of payments on lines of credit can also be customized to integrate with the operations of your business.
 
Our Relationship Managers and Senior Officers would be pleased to discuss how a line of credit may advance the success of your business.