The Flexibility Your Business Deserves
Every business experiences cash flow gaps from time to time. A Business Line of Credit from First State Bank gives you access to funds whenever you need it, so you can handle the unexpected, take advantage of opportunities, or cover short-term expenses.
- Revolving Access to Funds: Borrow, repay, and borrow again as needed.
- Interest-Only Options: Pay interest only on what you use.
- Local Expertise: Work with decision-makers who understand your business.
- Fast Approvals: Get the funds you need without long delays.
What Can a Business Line of Credit Do for You?
- Cover short-term expenses like payroll or fixed overhead costs.
- Take advantage of seasonal inventory discounts.
- Bridge cash flow gaps between receivables and expenses.
- Manage unexpected expenses or explore new opportunities.
How It Works
- Interest is charged only on the amount you borrow.
- Variable rates tied to the Prime Rate keep payments manageable.
- Lines are renewable annually, with quick approvals based on your business’s financial picture.