Inventory Financing
Business owners sometimes turn to a business line of credit to help cover inventory expenses during a slow season, or just to stock up on supplies in case of an emergency.
Equipment Funding
For business owners that need to purchase a new piece of equipment or are even looking to upgrade, a business line of credit can be used to finance that cost.
Working Capital
If a company is suffering from a slump, a business line of credit can help cover everyday operational costs.