Boutique Line of Credit*
Among the many benefits of being a Boutique Banking client, the Boutique Line of Credit is the most unique.
This market leading offer allows you access to an unsecured line of credit from $25,000 to $500,000, so you have instant access to capital whenever you need it.
Boutique Line of Credit Features:
- Rates as low as prime -.50%.
- Simple qualification.
- 5-Year interest only payments followed by a 10-year principal and interest repayment period.
- Convenient access to capital for business and personal needs.
*Credit approval required. Limits may vary with exception. Variable rate tied to prime, can adjust monthly. Floor rate 7.00% and a maximum of 18%. $25.00 minimum, $500,000 maximum. 5-year draw period with a 10 year re-payment for a total of 180 months. Interest only payment during draw period. >710 credit with no bankruptcy, foreclosures, or judgments for last 5 years. $300 annual fee. 1% origination charge, minimum $250.