A line of credit where the customer pays a commitment fee and is then allowed to use the funds when they are needed. It is usually used for operating purposes, fluctuating each month depending on the customer’s current cash flow needs.
A line of credit where the customer pays a commitment fee and is then allowed to use the funds when they are needed. It is usually used for operating purposes, fluctuating each month depending on the customer’s current cash flow needs.
Product Features
Draw down repayment and re-draw loans advanced for any working capital requirements.
Repayment and re-borrowing flexibility is the prime attraction of this product