Commercial Loans

Line of Credit

• A Line of Credit is a cost-effective approach if your company needs ongoing credit to fund working capital and accounts receivable, or to manage inventory.

Revolving Line of Credit

• Borrow, repay and borrow again up to the original amount committed throughout the life of the loan.

Non-Revolving Line of Credit

• Borrow an amount either in a lump sum or an amount disbursed over a period of time. Each time you make an advance, credit availability reduces by that amount.

Benefits

• Flexible revolving credit lines
• Quick, easy access to funds online, by phone or in a branch
• Advances are simple and convenient
• Competitive variable rates of interest
• Pay no interest until you draw funds

• Letters of Credit are widely used as a method of payment for imports or exports and are used domestically to facilitate trade without the risk of an open account or cash-in-advance transactions. Letters of Credit are also used in support of bond financing.

Options

• Import Letters of Credit
• Export Letters of Credit
• Standby Letters of Credit

• Term loans help your company purchase capital goods and equipment, fund a change in ownership or consolidate business debt.

Benefits

• Acquire equipment or other assets with fixed monthly payments
• Long-term financing
• Competitive interest rate
• Flexible terms and conditions