(with the exception of medical startups)
Conventional Loan
Lines of Credit
Business lines of credit are good for shorter-term money needs and borrowing only what you need when you need it.
Business lines of credit
A business line of credit can be faster and easier to get. It can help you do things like manage cash flow, purchase inventory or finance accounts receivable. It can also be helpful for carrying you through a slow season or giving you flexibility to jump on an opportunity you’ve had your eye on, such as commercial property, when it becomes available.
Highlights:
- Amounts from $26,000 to $750,000
- Rapid access to funds
Flex line to term loan
Our flex line to term loan starts as a line of credit with interest-only payments and ends as a loan with principal plus interest payments. It can help you finance large purchases, strengthen your negotiating power (because you'll know you have approved financing) and minimize your interest costs.
Highlights:
- Amounts from $10,000 to $750,000
- Fixed or variable interest rate
- No closing costs
- Discounted interest rate if you choose an automatic payment option