Business Lines of Credit

With a Business Line of Credit you can use this money for working capital and to fund operating expenses. This line of credit could also be used to refinance your higher interest debt at a lower interest rate to save money.

Designed to meet the unique needs of businesses like yours, the Business Line of Credit gives you the flexibility to access cash for almost any business purpose quickly and conveniently.

Because Meridian Trust is a local business lender, we can be more flexible and work with you on any special requirements you may have.

Rates

Chattel Secured*  RE Secured*
Rate W.S. Prime +1%=6.00% W.S. Prime +1%=6.00%
Adjust/Reprice Annually Annually
Draw 12 Month 60 Month
Repayment 30 Day Resting Prov. 120 Month
LTV Based on Collateral 80%

*Direct Costs

W.S. = Wall Street. Credit qualification, age 18 or older, and membership required. Rates shown are effective as of June 14, 2018.

To get started with Business Lines of Credit or to open a Business Account today, call 1.800.726.5644, stop into your local branch, or email us.