Business Lines of Credit
Managing your business's cash flow requires a bit of finesse. With a business line of credit from Lake-Osceola State Bank, you can finance accounts receivable gaps, inventory purchases, and seasonal peaks to help ride out the rough spots.
Accessing your money is easy and convenient. Funds can be directly deposited into your LOSB business checking account the same day so you can use it when you need it.
Summary
- Ideal for short-term needs, such as accounts receivable gaps, inventory purchases, etc.
- Variable interest rate
- Customized pricing
- Scheduled payments are interest only
- Annual renewals
- Available for different collateral types*
*Must maintain proper collateral ratios.
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