Operating Lines of Credit
We understand that business expenses can come quickly— from working capital to inventory shortages. A line of credit from Woodland Bank provides you with the funds you need, at any time. No need to reapply for a new loan every time, just tap into your convenient credit line just as you would with a credit card, except with better terms. Maximize your day-to-day efficiency and increase your profitability with readily available funds.
- Competitive rates for a variety of ongoing business needs, including:
- Working capital
- Meet seasonal needs
- Capitalize on trade discounts
- Smooth out purchase/collection cycles
- And more!
- Competitive rates and affordable payments
- Direct, anytime access to funds without reapplying
- Revolving credit – as repaid, more becomes available for use
- Pay interest only on the amount you use
- Funds available whenever you need
- Local decision-making and processing
- Helpful, customized service throughout the entire process