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Benefits of A Business Line of Credit A business line of credit will provide you with the cash that you need to get your business on the right track or to move forward with expansion plans. Here are some of the ways in which a business line of credit can be used to benefit and grow your business: 1. Build Your Business Credit: Your good standing with Merchant Funding and Premium Bank will be reported to Dunn & Bradstreet. With a good Business Credit Score, you can use business development projects and grants that would not be otherwise available. 2. Use Funds for Business Expansion: You can use the funds available with your business line of credit for anything you like. Build upon your physical business presense, expand your inventory, upgrade equipment, advertise, or pay off debts. 3. Flexible Cash When You Need It: Your business line of credit can be paid down at any time. When you stay in good standing, your available credit will increase periodically. Questions ? Feel Free To Ask ! (631) 276-1800 The Application Process: The application process for a business line of credit with Premium Bank is simple. Just follow the steps below to submit your application. 1. Fill Out the Application: Your account representative will answer any questions that you may have and walk you through the process. 2. Submit the Application: Fax or email your completed application back to use and recieve a reply within 48 hours. Documents that may be neccessary to complete your application include, but are not limited to: bank statements, credit report, lease agreement, credit card processing statements, copy of valid identification. Managing Your Account: Once your line of credit account is open you will have state of the art account management tools at your fingertips. 1. 24/7 Online Account Access: Access your account online from any web enabled or pda device. Check your available balance at any time. 2. Schedual Payments Automatically: Make payments from anywhere at any time, or setup for automated payment schedualing. 3. Increase Available Credit: Request an increase to your available credit and get a rapid response. Available 24/7 (631) 276-1800 Customer Service: With a business line of credit with Premium Bank, you will be assigned your own Customer Service Agent. The benefit of this system is that your agent will have direct knowledge of your account details and your business situation. Your Customer Service Agent will also be available during the application process to assist your Account Representative in processing your application as quickly as possible. Our employees are dedicated to providing the best Customer Service experience possible and will answer all of your questions regarding your new Business Line of Credit account. Confidentiality and Security of Non-public Personal Information Ensuring your financial privacy is of vital importance to us. We restrict access to non-public personal information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your non-public personal information. Our employees are trained to understand the importance of customer financial privacy and to properly handle confidential information. Premium Bank Line of Credit |
"I'm very glad that I found you guys ! The application process was easier than I thought it would be. My Customer Service Rep, Mark, was there every day to help me get comfortable with my new cash availability system in the line of credit." -- Jonathan Stryslecki, MI "My new business line of credit is just what I needed to get my business to the next level. I was in a situation where I needed the funds in order to grow. Now my business is moving forward even faster. Thank you Premium Bank !" -- Francis Smith, MN "I didn't know if I even had a business credit score, let alone what it might be. Now I know that my business credit is on track and set to keep improving. The business line of credit is just what I needed." -- Joan Richards, FL "With my new line of credit, I have alot more flexibility with my business expenses. Because I have alot of ebb and flow with my finances, it really comes in handy to have that easy access to cash." -- Eric Hernandez, CA "My business was solid, but I needed some short term liquidity to fund some advertising and promotions. I was able to do that, and to boost my inventory for the influx of new business I was able to develope. The business line of credit is an excellent tool because I can pay it off when I want, and use it when I need to. I really like being able to go online and check my status any time that I want also. It really is an intelligent cash management system. I recommend a business line of credit for any business owner who is capable of managing their own finances." -- Justin Richards, VT "The Line of Credit is just what I needed. It provides an intelligent way for me to get the cash I need, when I need it." -- Rich Holgren, FL "I never realized how beneficial the extra liquidity of a business line of credit could be. It's much better than a simple business cash advance because it builds my business credit. I also have the funds available whenever I want. The amount available grows as I build my standing with the bank. The customer service is great too because I can check my account information online at any time. Thanks merchant funding cash advance !" -- Brandon Williams, NH
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