Commercial Working Capital Lines of Credit
Morrill & Janes Bank offers a flexible loan facility to bridge your working capital needs to finance accounts receivable inventory, business seasonality, unexpected cash uses or simply taking advantage of vendor discounts. Lines of credit typically have a maturity term of one year and are designed to specifically match your needs. Availability is generally structured to your available collateral. Most lines of credit will establish loan availability based upon pre-determined percentages of eligible accounts receivable and/or inventory.
We understand that every business is unique and we take the time to understand how your borrowing needs affect your company.