Lines of Credit

A line of credit may be required to handle the day to day cash flow of your business and is often set up on your primary chequing account.  Lines of credit are avaiable for various amounts depending on collateral available, amounts of monthly receivables and monthly payables.  Most of our commercial lending to incorporated companies will require personal guarantees from all stakeholders.

Commercial and small business lines of credit are required to be reviewed annually.  This review may include a review of your annual financial statements, update your personal net worth statement (for any guarantors), and detailed analysis of your cash flow and debt ratios.  It may also require an onsite visit.

We would be happy to review the needs of your business and find a solution to help you manage the day to day needs of your operation.