Lines of credit allow your business to take advantage of opportunities as they arise, such as vendor discounts or to fund seasonal changes in inventory and receivables.
First PREMIER Bank offers two different lines of credit: revolving or non-revolving. A revolving line of credit gives you the flexibility to access funds when you need them, and once you’ve repaid what you owe, funds will become available to use once again. With a non-revolving line of credit, the funds do not become available for your use again once you begin to repay.Contact us
to help determine the business loan or line of credit that is best for you.