Business Lines of Credit

• Need to manage cash flow? Buy inventory? A business line of credit might be the flexible solution your business needs. Borrow up to a predefined limit and pay interest only on the money borrowed. You can draw and repay funds as you wish, as long as you don’t exceed your credit limit.
• Business lines of credit are typically secured by assets of the company, such as accounts receivable or inventory. In cases where a company does not have such assets to pledge as collateral, other options may include equity in real estate or non-retirement investment accounts.

Business Term Loans

• If your business needs to purchase fixed assets, such as equipment, or fund tenant improvements, a term loan can provide financing for these longer-term expenses. The term of the loan will depend on the use of the proceeds and is typically determined by the longevity of the assets being financed.