Business Line of Credit Benefits
Have peace of mind knowing your business has access to temporary working capital with a Business Line of Credit from PCU! Whether you need financing for daily operations or as a backup source of funds for unpredictable cash flow, a Business Line of Credit gives you flexibility and ready access to cash when you need it.
Competitive Rates
Local, Fast Service
Flexible Funds
Business Growth
What is a Business Line of Credit?
A Business Line of Credit has more in common with a business credit card than with a small business loan. It is an open-ended or revolving account that lets you borrow money and pay it back without having to reapply when it's paid in full. A big benefit is you only have to pay interest on the amount that you borrow.
A Business Line of Credit is one of the most flexible solutions you can find for your business. This short-term funding option can be used for a variety of purposes:
- Equipment repairs
- Debt consolidation
- Emergencies
- Inventory
- Off-season working capital
- Manage cash flow
How to Get a Business Line of Credit
We make applying for a Business Line of Credit simple. You can either start your application online 24/7 or contact us to get started. To save time when filling out the application, make sure you have the following information available:
- The legal name of the business
- The business tax ID number
- The business type (LLC/Sole Proprietor/Corporation/etc.)
- Business income and liability information
- Your information, including but not limited to DOB, SSN, address, etc.
- New business members will need to complete a membership application
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