SBA Line of Credit (LOC)

The SBA Line of Credit program offers a flexible, revolving line of credit designed to help small businesses meet their short-term and cyclical working capital needs. Differentiating itself into four specific categories, the program caters to a range of business requirements:

• Seasonal Line of Credit: Catering to seasonal rises in accounts receivable and inventory.
• Contract Line of Credit: Designed to cover the direct labor and material costs associated with contracts.
• Builder’s Line of Credit: Targeted towards construction or renovation expenses, using the project itself as collateral.
• Working Capital Line of Credit: An asset-based revolving line of credit, ideal for businesses unable to meet long-term credit standards.