Cash flow is critical to the success of any business. A business line of credit is a pre-approved credit facility that is easily assessable and can be utilized for any number of needs. Lines of credit provide flexibility to take advantage of profitable opportunities, supplement temporary cash flow needs or other cash needs. A line of credit might the answer to help your growing business.
Business lines of credit are useful for:
- Swings in accounts payable or receivable.
- Business expansion.
- Seasonality and inventory growth.
- Vendor discounts.
- Unexpected expenses.
- Competitive rates.
- Interest only payment during term.
- Flexible ways to access.
- Renews annually.
Call a Village banker today and experience the powerful combination of seasoned bankers, competitive products and local decision making.