Business Lines of Credit (LOC) provide a way for your business to borrow on an as-needed basis instead of taking out a fixed loan.
We can offer a LOC based upon the current market value, profitability and risk taken on by the business and extend a line of credit based on that evaluation.
The LOC may be unsecured or secured, depending on the size of the line of credit requested and the evaluation results. As with almost all LOCs, the interest rate is variable.
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