Business Line of Credit
Business Line of Credit
Don't let cash flow be an obstacle when growing your business. Give yourself the freedom to say yes when opportunity knocks with a business line of credit (BLOC). It'll help you prepare your business for the slow seasons and ensure cash flow is available when you need it most. Plus, once you're approved, there is no monthly operating cost and it's always there when you need it.
What is a business line of credit?
A BLOC is basically your safety net. It gives you the flexibility that a regular business loan might not. You can withdraw and deposit when you need to as long as you don't exceed your credit limit. You also only pay interest on the amount you use.
After you're approved for a BLOC, the money is always there so that you'll have quick access to working capital.
No need to gather paperwork, book an appointment and hope your application gets approved in time. And unlike some of the other financial institutions, we don't charge a monthly operating fee.
What are the benefits of a business line of credit?
? No monthly operating fee ? Improves cash flow ? Freedom to capitalize on new opportunities ? Competitive low interest rates
? Minimum credit limit of $1,000 ? Only pay interest on what you use ? Linked to your business chequing account
We're here to help.
If you have any questions please visit a branch, email business@, or call us at 1.855.350.7775 (Toll-free in North America), Monday to Friday, 8am - 5:30pm.
First Last Title Phone: 604.000.0000 first.last@
BR-MKT-BLOC (11.18)
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