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