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Business Equity Lines of Credit
Put your focus on your business, not your business credit line.
Now you can manage your cash flow and seasonal buildup of inventory and receivables without the hassles of a cumbersome annual renewal process. With a National Bank Business Equity Line, secured with owner occupied commercial real estate (1st or 2nd Deed of Trust), you benefit from convenient access to working capital with streamlined renewals.
- Simple calculation renewals with no re-documentation for five years
- Lines available from $150,000 to $1,000,000
- Up to 80% LTV
- No clean-up period required
- No fee on outstandings
*Subject to credit approval and property evaluation. Certain restrictions apply. Prepayment penalty if refinanced within first 3 years. |
