Line of credit

Line of credit

RATES: As low as 1% a month

TERMS: Weekly or monthly payments

With a business line of credit, you have continuous access to the capital you need for ongoing growth, without the lengthy process of additional loan approval for every withdrawal. This provides a flexible solution with the freedom to take as little or as much financing as you require at any given time, with on-demand access based on your open credit limit. Upon drawing from your line of credit, you will only pay in the months you have an outstanding balance, with no pre-payment penalties. Funds can be drawn anytime, and you’ll receive cash within seconds every time you make a withdrawal. A business line of credit also provides an opportunity for small business startups to establish a positive credit history, and is an ideal solution for businesses that have inconsistent cash flow throughout the year.

Benefits include:

Subscribe to Lex

Get news about the financial products that we have