Financial flexibility to deal with variety of regular or unanticipated cash flow needs is essential for the livelihood of any business. A line of credit is a valuable and convenient financial management tool because while the funds are always accessible, you pay interest only when you borrow. Subject to credit approval.
|Business Need||Working Capital|
|Amount||$10,000 to $15,000,000|
|Rate||Variable, based upon Prime Rate|
|Collateral Requirements||Lien on business assets|
|Repayment Terms||Interest only|
|Access to Funds||In branch, check, telephone, debit card, online & mobile banking|
|Maturity||Up to 12 months|
Call or stop by your nearest MainSource Branch to learn more.