ID of Level 3 Parent: 1143

Asset-Based Revolving Lines of Credit

Reinvest profits to power expansion with a revolving line of credit from i-bank.

  • A line of credit used by fast-growing businesses with owners reinvesting business profits to purchase additional inventory to fuel growth
  • Availability is based on eligible receivables and inventory (pledged as collateral) and may change daily, weekly, or monthly
  • Can be linked to checking account to automate transfers to and from checking
  • Can be used to generate payment discounts from vendors - contact an I Bank lender to learn more
  • Subject to credit approval

 

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