Keep your cash flow flowing
- Ideal for balancing gaps between your operating expenses and business income
- Pay interest only on the funds you use
- Access funds instantly, by cheque, ATM, online or phone
A business line of credit can provide a safety net with the flexibility to access additional funds for those times when revenues are delayed, cash flow is tight or a business opportunity arises.
Funds are available to you 24/7 and you can tap into them whenever you need to without needing to reapply. You can access these funds through Online Banking, Mobile Banking, Telephone Banking, ATMs, point-of-sale purchases and cheques.
Your company’s line of credit not only helps with day-to-day cash management, but can be used to finance the purchase of new inventory or equipment, support a new marketing initiative, or simply cover unexpected business expenditures.
If you're looking for an unsecured line of credit between $5,000 and $35,000 (or up to $100,000 for some applications) and you're already a BlueShore business client, you can get started right now.
Contact us to apply. You'll need to complete a Business Loan Application and Personal Net Worth Statement (one for each owner). You can print the forms and fill them in by hand, or you can complete them online and save them on your computer. We'll also need your financial statements and tax returns for the past three years. We look forward to getting you set up.
Our team of experienced professionals are here to answer any questions you may have.