To cover your business against unexpected expenses, short-term cash flow gaps for things such as payroll and inventory, or simply to raise more operating capital, see if you qualify for a revolving line of credit. Similar to a credit card, you can borrow up to a set amount and repay as you go. Funds can be borrowed again after they are repaid. Pay only what you use.
Unlike a loan, lines of credit allow you to get money transferred to you for any number of one-off or recurring expenses up to a certain borrowing limit. This can be helpful if your company experiences seasonal declines in business. To make repayment easier, get set up with our loan sweep service. See if you qualify by contacting a Sunwest Bank relationship manager today!