Line of Credit

Why choose Line of Credit over a traditional business loan?

A line of credit (LOC) provides business owners maximum flexibility. Owners can use it to purchase new inventory or equipment, or simply pursue new opportunities. Establishing an LOC sets a maximum balance for your business loan. How you choose to spend the business funds is up to you.

TIP: By pairing Credit Insurance with your Line of Credit secured by accounts receivable, you can enhance eligible accounts receivable and make more funds available under your Line of Credit.


  • Secured Line of Credit (LOC)Unsecured Line of Credit (LOC)
    Secured line of credit refers to collateral-backed capital. Most secured LOC provide access to a greater sum of money at a lower interest rate than unsecured. Unsecured line of credit helps ease the transition between payables and receivables. Because no backing is required, interest rates may be higher than a secured LOC with a similar limit.

    If you find you’re ineligible for Line of Credit, or simply prefer to sell your Accounts Receivables for immediate (available within 48 hours) cash, you may want to consider Accounts Receivable Financing (Factoring).

Mortgage Payment Calculator*

Balance time, interest, and monthly payments to see what financing works best for your goals. Web browser must support JavaScript. *This calculator tool is for estimating purposes only and may not calculate your exact payments.

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Loan Payment Calculator*

Break down your loan to determine which payment options best fit your needs. Web browser must support JavaScript. *This calculator tool is for estimating purposes only and may not calculate your exact payments.

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Savings Estimator*

Enter how much you can afford to save monthly to see how much that investment could benefit you later. Web browser must support JavaScript. *This calculator tool is for estimating purposes only and may not calculate your exact payments.

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Debt Payoff Calculator*

Make goals to pay your debt off by a specific date. Use the calculator to plan out payments and set a timeline to become debt free. Web browser must support JavaScript. *This calculator tool is for estimating purposes only and may not calculate your exact payments.

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