Business Banker

Need help managing cash flow? A business line of credit may be the right option for you. A business owner can borrow as needed up to the limit of the approved credit line, which can range from $10,000 to $1,000,000, depending on the type of business. Business lines of credit with lower credit limits are usually unsecured. This means collateral such as real estate or inventory is not required. How does a line of credit work? A line of credit works much like a credit card. You can draw funds … [Read more...] about Business Line of Credit: How It Works, When It is Useful