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Business
Banking
Working Capital Line
Compass Bank’s business
banking working capital lines of credit are unlike many others.
We offer lines from $500,000 to $2 million – a unique size range
designed especially for businesses with sales of $1 million to $10
million. This vital tool for your company’s continued growth lets
you:
- bridge the gap between
the payment of accounts payable and the collection of accounts
receivable
- obtain funding in
direct proportion to fluctuations in your accounts receivable
and your inventory
- take advantage of
vendor discounts
- maximize the use
of cash flow by combining a working capital line of credit with
our treasury management
products to eliminate idle balances
- finance sales growth
and market expansion
Instead of complex pricing
and fee structures, this line offers competitive pricing with a
single annual fee which covers loan closing costs, an annual on-site
audit, calculation of borrowing base, transaction processing and
confirmation.
To learn more about
working capital lines of credit, contact
us today. One of our asset-based lending professionals will
call you to schedule a convenient appointment.
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