Flexible Credit Lines

Use a secured or unsecured business line of credit to cover unexpected or short-term expenses.

Business Lines of Credit

Having access to cash is important to help adapt to changing needs and environments - a business line of credit can help. Let our business bankers personally help you find the right option for your business. 

Line of Credit Features

  • Revolving lines of credit to fund general working capital needs, including accounts receivable and inventory 
  • Borrow and repay funds at your convenience
  • Possible collateral for secured lines includes business assets, real estate, deposit accounts, and securities. Secured lines may offer lower interest rates depending on your business profile and credit history. Real estate secured lines specifically may offer higher credit limits. 
  • Unsecured lines may be available, based on your personal and business credit history and cash flow. Unsecured lines may have lower credit limits and higher interest rates.
Working Capital Line of Credit
Working Capital Line of Credit

Receive funding for expenses while waiting for invoices to get paid.

Guidance Line of Credit
Guidance Line of Credit
Get a perpetual approval for a predetermined period of time.
Business Equity Line of Credit
Business Equity Line of Credit
Use the equity in your owner-occupied business real estate to secure your line of credit.

A Working Capital Line of Credit can keep your cash flow moving. In an ideal world, you’d get paid instantly when you send an invoice. With a Working Capital Line of Credit from TowneBank you can get paid faster to help you continue to run your business.

Benefits of a Working Capital Line of Credit
  • Continuous source of working capital
  • Ability to focus on your business
  • Quick and easy funding
  • You can borrow and repay as needed

Insights & Perspectives

Normal credit approval criteria apply

Serving Shagbark

"Virginia's finest is what we bring to the table. TowneBank serves up the same." Walter Bundy, Owner
Get the Story
All Member Spotlights