Loans & Credit /

Business Lines of Credit

Meet business needs as soon as they come up with a Solvay Bank Business Line of Credit. A revolving credit line provides your company with access to funds when you need it — immediately. Once the credit line has been established, you can tap into the funds as needed without re-applying.

Typically your credit line is secured with current assets within your company. Repayment can be made by whichever means work best for your business: all at once, via multiple payments, or by established minimum monthly payments.

    Summary
    • Available for a wide range of business needs
      • Ideal for ongoing needs, seasonal arrangements, and working capital
    • Flexible repayment options
    • Competitive rates
    • Pay interest only on what you use
    • Re-use as needed without re-applying
    • Local, Central New York decision-making and processing
    • Service customized to your needs
    • Easily access loan balance, info, and payments online

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