Lines of Credit

Lines of credit can be structured in various ways depending upon your business needs and are typically repaid from your business' operating cash flow. A line of credit may be used to fund seasonal changes in inventory and receivables, take advantage of vendor discounts, and meet unexpected cash needs.

Asset Based Line of Credit – A credit line secured by inventory, receivables, and/or other balance sheet assets.

Working Capital Line of Credit – A flexible solution that allows your business to borrow, repay, and borrow again throughout the life of the loan.

Revolving Line of Credit – A revolving line of credit lets your business borrow, repay, and borrow again up to the original amount committed by the Bank, throughout the life of the loan.

Non-Revolving Line of Credit – A non-revolving line of credit lets your business borrow an amount either in a lump sum or an amount disbursed over a period of time. Each time repayment is made, credit availability reduces by that amount.

For additional information, please contact the Business Services Group at (717) 581-6020.