|
U.S. Bank Lines of Credit - Flexible, all-in-one, credit solutions
U.S. Bank lines of credit enable you to meet multiple financing needs through one revolving account.
Key Features:
- Competitive interest rates
- Provides overdraft protection for your U.S. Bank business checking account
- Flexible collateral options
If your credit need is $100,000 or less, U.S. Bank´s Quick Credit gives you easier and faster access to your business financing needs.
We offer two general purpose Line of Credit options:
Product
Features |
U.S. Bank Cash Flow
Manager | U.S. Bank Business Line of Credit |
| Line Size |
$10,000 to $100,000 |
$10,000 to $1,000,000 |
| Purpose |
* Short-term cash needs
* Working Capital
* Overdraft Protection |
*Short-term cash needs
* Working Capital
*Accounts Receivable
* Purchase of inventory |
| Collateral |
* $10,000 - $100,000
Unsecured
*Secured option available |
Flexible collateral options |
| Payment Terms |
Minimum monthly payment or % of outstanding balance |
Interest only (due monthly) |
| Maturity |
Demand |
* Up to $250,000, demand
* More than $250,000, annual maturity |
| Overdraft Protection |
Yes |
Yes |
| Apply Now |
Yes |
Yes |
Both lines offer overdraft protection for your U.S. Bank business checking account. If you have an additional business checking account requiring overdraft protection, or need a line of credit specifically for overdrafts, we offer the U.S. Bank Business Reserve Line.
If these line of credit products do not meet your needs, you can work with a Relationship Manager who can design a custom credit product specific to your business.
For more information on our complete family of lines of credit, please visit your Relationship Manager at your local branch.
U.S. Bank Cash Flow Manager
A $10,000 to $100,000 line of credit which offers the essential financial tool kit for small businesses. This solution complements your U.S. Bank business checking account with a Cash Flow Manager VisaŽ Platinum Card, access to Internet Banking/Bill Pay and a working capital line of credit. Reporting Tools also available for your Cash Flow Manager Visa Platinum Card.
Key Features:
- Convenient access to your line of credit
- Overdraft protection option for your U.S. Bank business checking account
- Minimum payment taken directly from your U.S. Bank business checking account
- Fast approval process
Apply Now
For more information on our complete family of lines of credit, please visit your Relationship Manager at your local branch.
U.S. Bank Business Line of Credit
A $10,000-$1,000,000 secured line of credit.
Key Features:
- Convenient access to your line of credit
- Offers flexible collateral options
- Interest only payments due monthly
- Overdaft protection option for your U.S. Bank business checking account
- Automatic-payment option
Apply Now
For more information on our complete family of lines of credit, please visit your Relationship Manager at your local branch.
U.S. Bank Business Reserve Line
A $1,500 to $10,000 unsecured line of credit used specifically for overdraft protection.
Key Features:
- Automatically advances money to your checking account if your balance falls below zero
- Minimum payment taken directly from your U.S. Bank business checking account
- Fast approval process
Apply Now
For more information on our complete family of lines of credit, please visit your Relationship Manager at your local branch.
|
