Business Lines of Credit
Business Lines of Credit
As a business owner, looking for the best deal comes second nature to you. That’s why ABNB’s business lines of credit are a no-brainer! You can fund all kinds of needs — from inventory to ongoing updates — at competitive rates that blow big bank rates out of the water.
A line of credit also lets you draw from your funds repeatedly without having to reapply. It’s the easiest way to finance your business needs.
Summary
- Competitive, fixed rates for a wide range of long-term or seasonal business needs
- Seasonal fluctuations
- Inventory
- Capitalize on trade discounts
- Working capital
- Ongoing updates
- And more
- Secured and unsecured options available
- Repayment customized based on your business’s needs
- Funds available right as you need them; apply once then use again as needed thereafter
- Revolving credit – as principal is repaid, more becomes available for use
- Interest-only option available upon qualification
- Funds are easily accessible three ways: as overdraft protection, through online banking, or at a local ABNB branch
- Local decision-making and processing in Hampton Roads and northeastern North Carolina
- Attentive, friendly service from start to finish
