Lines of Credit to Take Your Business Further

business-owners-line-of-creditWhen running a business, you want to be able to quickly access cash when your business needs it. With a PrimeWay business line of credit, you’ll be able to make an advance on your approved credit line for whatever your business needs, whenever you need it. Plus, you’ll have a one-time approval, so you don’t need to reapply each time you need additional funds.

Whether it’s new computers, office renovations, debt consolidation or a new space, a PrimeWay unsecured business line of credit gives you the resources you need to help take your business to the next level.

Features and Benefits of a Business Line of Credit

Small and medium-sized businesses sometimes need access to financing in order to fund short-term working capital needs. A business line of credit gives you the ability to:

  • Balance Seasonal Cash Flow
    With a business line of credit, you’ll be able to weather the ebbs and flows of the seasons and meet your cash needs during your quiet periods—balancing your business all year long.
  • Purchase Inventory
    You’ll have the cash flow to purchase inventory to keep your sales on track and your customers happy.
  • Take Advantage of Immediate Opportunities
    No one wants to have to turn down a great business opportunity for lack of money. No matter your business needs, a revolving line of credit gives you available cash that you can access quickly.
  • Expand Your Business
    For a growing business, use line of credit to purchase new equipment, add more space or fund marketing campaigns.
  • Cover Unexpected Expenses
    You always want to avoid unnecessary business interruption, and with a line of credit you can cover the costs of repairing equipment critical to your business.

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Loans subject to credit approval. Certain credit criteria and restrictions apply. Qualifying rates may be based on a combination of your credit score, the term you select, and other normal lending criteria.

Rates are subject to change without notice. For more information, please contact a PrimeWay representative at 713-799-6200.