Lines of Credit
Business Line of Credit Details
Two Options: Revolving Business Line of Credit & Business Equity Line of Credit
Revolving Business Line of Credit Description
Ideal for businesses with short-tem working capital needs. This revolving line of credit can help your business manage fluctuating cash flow.
Features & Benefits
- Line can be renewed from year to year
- Credit limit based on your company's current asset levels; borrowing availability increases as your assets increase, so that your line grows along with your company
- Sweep lines are tied to your business checking account, with automatic line advances and pay downs
- Variable interest
Business Equity Line of Credit Description
Ideal for start up businesses, allowing you to put the available equity in your home to work for your business.
Features & Benefits
- Up to 80% of your equity is available
- $150 application fee
- Great way to establish credit in your business name
- Easy access to your line through checks and access card
- Simplify bookkeeping - separation of use of funds for tax purposes*
Let's Talk
- Call: +1 929 459 2119
- Visit the nearest Ultrimal Investment branch
Subject to credit approval.
* Ultrimal Investment does not offer tax accounting advice. We recommend consulting your tax or accounting professional.
* Ultrimal Investment does not offer tax accounting advice. We recommend consulting your tax or accounting professional.
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