Operating Line of Credit
Cover your daily expenses as cash flow fluctuates.
Set up for long-term success
Being in business for the long haul means that cash flow fluctuates. On days when your cash flow can’t cover you, we can.
Coverage for day-to-day costs
Get up to 75% of your operating costs financed, secured with inventory and receivables.
Be prepared for anything
You'll be able to cover your daily operating expenses, as well as any unexpected business costs or opportunities that come up.
Key product details
| Interest rate | Variable, charged only on what you use |
| Term range | Revolves automatically, no need to re-apply |
| Repayment | Flexible terms |
Frequently Asked Questions
A line of credit is a revolving, open loan that allows you to borrow what you need, when you need it. Businesses generally use an operating line of credit for day-to-day needs rather than large purchases, and aim to pay the operating loan down quickly.
A variable interest rate means the interest rate charged on the outstanding balance varies as market interest rates change.
Connect with an expert.
You've put skin in the game, and we're here with our Operating Line of Credit to cover you through the ebbs and flows of entrepreneurship.
Related documents: Additional Services and Associated Charges, Business/Agriculture Account Agreement