TRADITIONAL LINE OF CREDIT
For growing businesses that need a consistent source of capital, the Wachovia Traditional Line of Credit provides flexible financing at competitive rates. Lines range from $50,000 to $750,000.
Benefits of Traditional Line of Credit
- Interest-only for up to three years with liquid or real estate secured revolving lines.
- Interest-only for up to one year with unsecured or receivable-secured lines.
- Minimal paperwork and fast credit decision.
- 30-day clean-up not required on lines under $100,000.