Idaho Banking Company - The Art of Banking
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Credit Lines

Working Capital Lines

Lines of credit to support your business operating cash flow are available based upon your business's financial performance. Working capital lines are generally secured by the accounts receivable (and inventory, if available) of your business. Working capital lines of credit provide:

  • Cash to fund your company's "financing gap" (that time between the collection of accounts receivable and the need to pay accounts payable and/or purchase inventory)
  • Cash to fund seasonal business operating needs
  • Cash to support sales growth
Loan Size: Amount based on individual business needs
Term: Annual review
Rate: Variable rate based on prime rate
Fee: Amount based on loan and total bank relationship
Collateral: Accounts receivable and inventory (if available) 
Minimum Payment: Interest on outstanding balance due monthly

If you are interested in learning more about this or any other Idaho Banking Company loan product or service, please visit with one of our lenders. Check the Locations Page for a listing of branch locations and contacts.

 

Business Reserve

If your business needs quick, convenient financing to help manage cash flow, or cover an unexpected overdraft, our Business Reserve credit line may be right for you. This unsecured revolving credit line provides:

  • Cash to cover unexpected expenses
  • Cash to fund seasonal purchases or secure inventory discounts
  • Automatic advances
  • Automatic payments
  • Overdraft protection of a designated checking account
Loan Size: $1,000 to $10,000
Term: Open ended
Rate: Variable rate based on prime rate
Fee: $50 annually
Collateral: Unsecured
Minimum Payment: Three percent of outstanding balance or $100.00, whichever is greater.

If you are interested in learning more about this or any other Idaho Banking Company loan product or service, please visit with one of our lenders. Check the Locations Page for a listing of branch locations and contacts.

 

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