Line of credit
Whether you are a small, medium or large business manager, a line of credit gives you more latitude to manage your cash flow. This type of revolving credit allows you to seize high-potential business opportunities for your company. It’s the ideal financing solution for day-to-day operations
- Finance accounts receivables
- Finance inventory
- Finance various operating expenses
CHARACTERISTICS | |
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Advances | Pre-established amount |
Operating credit | Usually available for a 1 year period and renewed annually |
Specialized credit | Available for special situations or business cycle fluctuations over a term of one month, three months or six months, as required. |
Seasonal needs | Increase of existing credit for a short and specific period of time. |