Lines of Credit

We offer revolving lines of credit to Accountants, Attorneys, Physicians, Dentists, Opticians, and many other types of professionals.  We believe that having a line of credit in place is prudent and practical for most professionals.  A line of credit provides guaranteed available funds at no advance notice for addressing variations in cash flow, business opportunities, and other events.  With a line of credit, liquidity is available to busy professionals without their having to pursue a loan when time may be limited.
 
Our professional 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 your operations.
 
Our Relationship Managers or Senior Officers would be pleased to discuss how a line of credit may be of value to your practice.