Operating line of credit
Finance your day-to-day operating needs
- Finance inventories and accounts receivable
- Take advantage of supplier discounts
- Extra protection against risk of insufficient funds
- Meet specific needs
Features
- Competitive interest rates
- Can be paid back at anytime whenever you have cash inflows
- Available in Canadian or U.S. dollars
- Insurance option to cover payments in case of disability or death
Learn more about Line of credit insurance.
Advantages
- Terms of use and payment terms tailored to your company
- Efficient cash management
- Allows you to meet day-to-day operating needs
- Gives you the option of issuing cheques up to your authorized credit limit to avoid an insufficient funds situation
- Interest is calculated only on credit amount used
- Automatic reimbursement