Business Line of Credit

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Summary

Business Line of Credit

Most small businesses from time to time will need cash for short-term working capital to: add inventory, make seasonal purchases, carry accounts receivable, or even to cover unplanned expenses.

With a streamlined application process and competitive terms, an IFCU Business Line of Credit empowers you and your company to easily borrow funds, repay them and borrow them again, without having to reapply each time.  Simply write a check or transfer funds online through our Online Banking service to cover your needs, without depleting cash on hand.

Business Line of Credit offers you:

  • No Infinity Closing Costs (SBA fees may apply)
  • Interest-only payment option
  • No pre-payment penalty
  • Lines of credit with no annual fee
  • Competitive rates and low fees
  • Maximum Line without SBA guarantee is $25,000

For more information, or to speak with a Business Service Representative, call 1-800-499-8401- ext. 4140