
LINE OF CREDIT
Parkway Bank now offers the Business Custom Capital® Line of Credit and Business Custom Capital® Business Platinum Card–two complementary credit solutions that will give your business the competitive edge.
Business Custom Capital Line of Credit
With a credit solution of up to $100,000, you are in charge of your finances. You can access the amount you need, repay it over time at favorable rates and then re-borrow your credit as often as you like. The Business Custom Capital line of credit is fast, flexible, affordable and accessible – the essential tool of the small business owner.
Benefits Behind the Line:
- Fast – unlimited cash advances, simple and quick application process with minimal documentation
- Flexible – up to $100,000 in unsecured credit; no collateral is required; credit becomes available as payments are made
- Affordable – rates as low as prime +1.75% and interest only payments or penalty-free balance payoff
- Accessible – MasterCard®, ATM and telephone cash advance access 24/7, and free SUPERCHECKS™
Line of Credit Qualifications:
- An established business for at least 2 years
- Minimum annual sales revenue of $50,000
Business Platinum Card
The Business Platinum Visa Credit Card is an essential tool to help meet your business’ spending needs. With credit up to $50,000 and no annual fee, you’ll have a convenient way to pay for everyday business expenses.
Benefits Behind the Card:
- No opening fee, no annual fee
- No collateral required
- Up to five cards per business account; credit limits may be set per card
- Billing options include cardholder billing and consolidated billing (with a minimum of 4 cards per account)
- Automatic payment
- BusinessMiles Rewards® program counts every dollar spent using the card as points that can be redeemed for travel, merchandise and gift certificates
- Free management reports via Visa Online
- Travel Accident Insurance
Business Platinum Card Qualifications:
- Minimum annual sales revenue of $35,000
Minimum Qualifications for both products:
- A satisfactory business and personal credit history
- No bankruptcies in the last 10 years
- A profitable business with sufficient cash flow to meet both your new and current financial obligations
Financial statements and tax returns are not normally required but may be requested prior to final approval.
Contact your local branch for more information or call Client Services at (888)498-9800.
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