Business Line of Credit
Our Business Line of Credit is a convenient revolving loan that, once established, the business can access as needed.
- Maximum term is 24 months
- Monthly payments must cover interest due
- Loan amount is based on cash flow projections
- Origination fee
- No penalties for early payoff
- Recording fees may apply
- Fixed rates are based on business risk rating composite score
- Index is Wall Street Journal Prime Rate
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Why should I have a Les Bois CU line of credit for my business?
The unused credit line is available when a need arises. Whether it’s an emergency or not, the unused line can be easily accessed by contacting the credit union or your loan officer.
See Business Account Disclosure