In Observance of Memorial Day Our Offices Will Be Closed May 27, 2024

Business Line of Credit

Looking to grow your business? A business line of credit with Quaint Oak Bank may be the key to propelling your business forward. With a line of credit you can borrow for everything from payroll to inventory – then pay it back and borrow again!

What is a Commercial Line of Credit?

A commercial line of credit is similar to a traditional business loan – it provides access to funds that can be used for your business. However, it offers more flexibility than a traditional business loan, with interest only payments.

A commercial line of credit can be a great financial solution for accessing funds whenever you need them. With a revolving line of credit, more money becomes available as you pay down the balance. Additionally, with interest only payments, you only pay interest on the funds you take.

Business owners choose to apply for a commercial line of credit for a variety of reasons including, but not limited to:

  • Replenishing Inventory
  • Restocking on Supplies
  • Payroll Increases
  • Prepping for Seasonal Sales Cycles
  • Cash-Flow During an “Off-Season”
  • Finance Accounts Receivable During Periods of Growth

Because a commercial line of credit is different than a standard business loan, speak with one of our relationship managers for more details and possible solutions. We want to help ensure you have the financial support you need to see your business thrive.

Man on a laptop in office opening up a commercial line of credit online
Person applying for a commercial line of credit on a laptop in a workshop

Why Should You Apply for a Business Line of Credit?

To better serve your business, we have created a streamlined process, with flexible loans, and a team who is always available to help you apply. 

Program Highlights:

  • Borrow Funds for Multiple Uses Like Inventory, Working Capital, and Payroll
  • Revolving Line of Credit
  • Interest Only Payments
  • Payment Advances and Deductions Through a Quaint Oak Checking Account

Secure a Business Line of Credit with Quaint Oak

A business line of credit can be a powerful tool for providing your business with an economic uplift to support operating expenses. Fill out the form to connect with a member of our team for more information. 

All Loans Subject to Approval