Operating Line of Credit
Building your business
No matter what type of business you run, you need a secure cash flow to succeed. A Horizon Financial Funding Business OperatingLine supplements your cash flow by providing your business with a line of credit that is accessible 24 hours a day through a wide variety of channels.
How can this help my business?
- Provides access to additional funds through your business deposit account with a credit line starting at $5,000 that will give you the financial flexibility to support your business growth.
- Get access to funds when your cash flow needs exceed $5,000
- Finance business expansion costs at fixed or variable interest rates. Variable rate loans start at $5,000 and fixed rate loans start at $10,000.
What else do I need to know?
- Low monthly fee of $15 for the credit line
- Automatic transfer of surplus deposit balances to your outstanding credit line for an additional $10 per month
- The interest paid on your Horizon Financial Funding Business OperatingLine is based on the Federal Bank Prime rate plus a premium depending on your credit history
Contact Us to learn more about our full line of financial services & take a few minutes to complete Our Online Application