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Business Line of Credit

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.