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Be prepared by establishing a line of credit for your business, which gives you the money you need to fill any cash-flow gaps. Lines of credit allow for flexible financing for a wide variety of uses.
One way to improve your cash flow is to get financing secured by your accounts receivable as collateral.
An inventory line of credit can provide the essential lifeline businesses need to keep their cash flowing.
A line of credit differs from a traditional loan, where you receive an influx of cash and immediately start making payments on the balance.
A business line of credit provides the ultimate in flexibility and control for business owners to effectively manage their cash flow.
If you have any questions, contact any of our commercial lenders. We're here to help!
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Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.