Oct
01

Business Lines of Credit

By Donald Hunter

Need the flexibility to take advantage of business opportunities as they arise?

iStock_000000385689XSmallA Donald Hunter(TM) Financial business line of credit can help. As the owner, you can get cash to use toward the purchase of inventory, equipment, or to improve cash flow.  Business lines of credit are usually repaid from your business’ operating cash flow (e.g., cash payments and collection of receivables).

Two types of lines of credit

1. Reusable

A reusable line of credit allows you to withdraw, repay, and borrow again up to the original amount committed by your lender throughout the life of the loan.

2. Non-Reusable

A non-reusable line of credit allows your business to borrow an amount either in a one-time lump sum or a loan disbursed over a period of time. Each time repayment is made, your available credit is reduced by that amount.

Taking out advances is fast and easy. You can choose automatic pay downs, cash advances from your line of credit, and investment of your excess cash balances.

Get Flexibility!

You can use a line of credit for a myriad of purposes:

  • Pay for seasonal changes in inventory and receivables.
  • Take advantage of supplier discounts.
  • Have cash for emergencies.

Call us at (866) 323-9123 to Start Funding Now.

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