Working capital lines of credit are available for your business to provide cash
flow for short term needs and to finance inventory and accounts receivable. These
lines are offered on an secured basis at a floating rate and are tied to the Wall
Street Journal Prime Rate.
Short term working capital and purchase of inventory.
$10,000 to $180,000
Demand - annual review.
Variable based on the Prime Rate as published in the Wall Street Journal plus a
Access to funding:
Advances made directly to your Leader Bank checking account.
Interest only, principal paid at borrower's discretion, Annual 30-day clean up required.
A first lien on all business assets and/or liquid collateral such as CD or securities.
Required from each borrower/owner.
costs vary by complexity of transaction.
Automatic payment feature.