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Your Business Needs
- Short-term working capital
- Seasonal cash flows
- Unexpected emergencies
- Special trade discounts
- Investment purposes
- Business growth
Features and Solutions
- Most versatile financing available for short-term needs, usually secured by business assets
- Relieves some pressure of managing cash flow by having instant access to a pre-approved credit line to support short-term financing needs
- Convenient access to your line of credit through telephone transfer by authorized individuals
- Interest-only payments are due monthly and an automatic debit payment option is available
- Terms are generally one to two years and are renewable upon satisfactory review by NewAlliance Bank
- Competitive interest rates
- Funds are directly deposited into your business checking account
- Interest is charged only for the funds used
- Interest-only payments are due monthly and an automatic debit payment option is available
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