Business Access Line of Credit
This is an unsecured revolving line of credit[cite::10::cite] from National Bank of Arizona® , which provides flexible options for working capital to meet short-term cash flow needs caused by seasonality of business, timing differences between payments and receivables or large business expenses.
Account Details
Line of Credit Amount
$5,000 - $50,000
Rate
Variable
Required Payment
The sum of finance charges, bank fees plus 1.5% of the outstanding loan balance; $50 minimum
Fee
$150 Annual Fee
Features & Benefits
- Terms up to 36 months available; subject to annual credit review
- Make payments through online or mobile banking[cite::52::cite]
- May be tied to business checking account to serve as overdraft protection[cite::19::cite]
- Outstanding loan balances may be applied toward the borrower's checking account monthly service fee waiver[cite::25::cite]