Business Line of Credit
If you have immediate cash needs, a line of credit will let you access funds quickly and easily. This can be an ideal solution if you are looking for working capital, need to expand your inventory, have emergency repairs to tackle, and much more.
Working Capital Line of Credits
Southwestern National Bank offers Line of Credits to help you expand your business or to cover gaps of short-term working capital.
A Line of Credit is commonly used to finance the following:
- Inventories of a busy season
- Account receivable to expand business
- Payroll to expand workforce
Working Capital Term Loans
Southwestern National Bank offers short term financing to help you cover your business day to day operations or expand your business.
Equipment Loans
Southwestern National Bank’s lending team can help you to get the financing you need for the equipment to grow and expand your business. From heavy machinery to commercial vehicle, we finance them all.
Letters of Credit
Letters of Credit help provide your business proper documents that guarantee payments. Southwestern National Bank offers Stand-by Letter of Credit, Commercial Letter of Credit and Export Letter of Credit to help you to mitigate non-payment business risk.
Please contact our lending team for more information about any of the above.