Commercial Line of Credit
Fast cash with no monthly monitoring charges.
- Collateral can include accounts receivable and inventory margined monthly based on an agreed upon formula.
- Competitive variable interest rate based on Prime and type of collateral offered.
- Interest is calculated daily, dependant on use and charged monthly.
- Interest paid is eligible for our Member Equity Plan.
- No monthly monitoring charges.
- No set repayment, only regular deposits are necessary.
- Recorded on a descriptive monthly statement.