Subject to approval.
Seeking fast and convenient financing to support key business objectives? A line of credit is an ideal way to finance short-term funding needs, such as managing your cash flow cycle, financing inventory or accounts receivable, or quickly capitalizing opportunities.
Benefits of a Business Line of Credit:
- Flexible terms and repayment plans
- Competitive rates and terms
- Borrow the amount you need, when you need it
- Capability to sweep line of credit funds between your business checking account each day to minimize interest expense and feeds
- Funds from line of credit can be used to support trade letters of credit
- Interest is paid only the amount of the line being used, not the entire line
Plus, use our business calculators to estimate potential expenses, payoff amounts and more for a Business Line of Credit.
We share your business dreams.
At Merchants Bank, we're small enough to care for you and big enough to care for your dreams. Your local banker is ready to be a trusted advisor for your business and work toward your financial goals together. Get started by meeting our business team.
Manage Vehicle Inventory with Ease
“We’ve been impressed with the convenience of the floor plan financing system from Merchants Bank. In a matter of a click, I can access balance, payment and payoff information when I need it. Everything we need to manage our inventory is at our fingertips.” – Randy Stevens, Partner at Adamson Motors, Inc.