A line of credit is the ideal product if you are looking for maximum flexibility in your cash flow. Allowing you to have access to the money you need when you need it, a line of credit can be used for renovations, purchasing of equipment, unexpected expenses, or to fulfill any other day-to-day business need.
Access to money anytime you need it (up to a pre-authorized limit)
Flexible repayment options
Only pay interest when you use it
Competitive interest rate
Automatic payments made directly from your Momentum Business Chequing account
Option to make extra payments or pay down at any time without penalty
Contact the Solution Centre for more information about Business Lines of Credit.