Business Lines of Credit
Give your profit margins some breathing room with a business line of credit.
A business line of credit can help you smooth out the bumps in your cash flow. It’s at the ready when you need it for working capital, operating expenses, or refinancing debt.
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Accessible
Apply once, then use the funds as you need them.
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Flexible
You can use a line of credit to access cash for almost any business purpose.
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Local
We’re part of your community, and we’re committed to working with you on any special requirements you may have.
Current rates
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Business Line of Credit Type |
Draw Period |
Repayment Period |
Rates As Low As |
Adjust/Reprice |
Max LTV |
|---|---|---|---|---|---|
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*Direct Costs plus $35 for Filing Fees **Fees: 1.00% plus direct costs Rates may change without notice. Rates above are effective as of September 1, 2022. Age 18 or older, membership and credit qualification required. |
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Business Line of Credit Type Chattel Secured* |
Draw Period 12 Month |
Repayment Period 30 Day Resting Provision |
Rates As Low As WS Prime + 1.00% |
Adjust/Reprice Annually |
Max LTV Based on Collateral |
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Business Line of Credit Type RE Secured** |
Draw Period 60 Month |
Repayment Period 60 Month |
Rates As Low As WS Prime + 1.00% |
Adjust/Reprice Annually |
Max LTV 80%, 75% Max. LTV Cash Out Refinance |