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Line of Credit
Most businesses use a line of credit to finance seasonal
or other short-term needs (such as buying inventory
during a busy season). It can also be used for working
capital, for equipment purchases and the like.
Borrow up to $250,000, and here’s what
you willl get with your First South Bank line of credit:
- Check access (for lines up to $100,000 only).
- Monthly billing (interest only accrues on
outstanding balance).
- The ability to pay down or re-borrow.
- Variable interest rate.
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For more information call First South Bank at 1-800-946-4178.
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