Business Line of Credit
A Telco Line of Credit will allow you to borrow only as much as you need, precisely when you need it. You may borrow a set amount and pay it down repeatedly, balancing your cash flow needs with this ready source of short-term funds. A Line of Credit is simple and easy to use, and is an excellent financial tool to:
- Take advantage of supplier discounts
- Cover seasonal working capital needs
A Line of Credit is most often secured by business assets, and is renewable annually.