Asset-Based Revolving Lines of Credit
Reinvest profits to power expansion with a revolving line of credit from i-bank.
- A line of credit used by fast-growing businesses with owners reinvesting business profits to purchase additional inventory to fuel growth
- Availability is based on eligible receivables and inventory (pledged as collateral) and may change daily, weekly, or monthly
- Can be linked to checking account to automate transfers to and from checking
- Can be used to generate payment discounts from vendors - contact an I Bank lender to learn more
- Subject to credit approval