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Credit that adapts with
your business
Flexible access to funds for cash flow,
expenses, and growth opportunities.
A business or agricultural line of credit gives you flexible access to funds when you need them. Whether you’re managing seasonal cash flow, covering operating expenses, or responding to unexpected opportunities, a line of credit allows you to borrow, repay, and borrow again within an approved limit. Our advisors work with you to structure a line of credit that supports your operation and keeps your business moving forward.
Manage day-to-day business operations with flexible financing that helps bridge gaps between expenses and incoming revenue. A Commercial & Agricultural Line of Credit provides reliable access to funds when your operation needs them most.
May support:
Operating expenses
Inventory purchases
Accounts receivable gaps
Seasonal cash flow needs
Short-term business opportunities
As your business grows, a line of credit can help you manage ongoing expenses and maintain financial flexibility. Funds are available when you need them, and you only pay interest on what you use.
Key details:
Line of credit up to $100,000
Approval based on personal factors on the principals of the business
May support:
Managing cash flow fluctuations
Covering operational expenses
Purchasing inventory or supplies
Bridging receivables and payables
Supporting short-term business needs
Launching a business often comes with unexpected expenses. A start-up line of credit provides flexible access to funds during the early stages of your business so you can manage cash flow and respond to new opportunities as they arise.
Key details:
Line of credit up to $50,000
Approval based on personal factors on the principals of the business
May support:
Early operational expenses
Inventory or supplies
Marketing and launch costs
Short-term working capital needs
Unexpected business expenses
Borrow up to your approved limit and use the funds when you need them, without reapplying each time.
You’re charged interest only on the amount you borrow, not on your full credit limit.
Make payments that fit your cash flow, with the flexibility to repay and borrow again as needed.
As you repay your balance, your available credit is restored and ready for future use.
A line of credit is well suited for businesses that need flexible access to funds for ongoing, seasonal, or unexpected expenses. It’s an ideal option for owners and producers who want to borrow as needed and manage repayments over time, rather than committing to a lump-sum loan.
Mainstreet offers business and home equity lines of credit. Both offer a flexible way to access credit, so you can move forward with confidence.
|
Line of Credit |
Loan |
|
|---|---|---|
|
Purpose |
Managing ongoing cash flow, covering short-term or unexpected expenses |
Financing a one-time investment, such as equipment, or expansion |
|
Availability of funds |
Transfer funds from your line of credit to your bank account as needed |
Lump sum transfer |
|
Required payments |
Interest-only |
Principal and interest payments |
|
Collateral |
Secured or unsecured |
Secured or unsecured |
|
Line of Credit |
Loan |
|---|---|
|
Purpose |
|
|
Managing ongoing cash flow, covering short-term or unexpected expenses Financing a one-time investment, such as equipment, or expansion |
|
|
Availability of funds |
|
|
Transfer funds from your line of credit to your bank account as needed Lump sum transfer |
|
|
Required payments |
|
|
Interest-only Principal and interest payments |
|
|
Collateral |
|
|
Secured or unsecured Secured or unsecured |
|
Get personalized guidance from a Mainstreet advisor to help you choose the right line of credit.
