Lines of Credit
Lines of credit are used to smooth out your business’ cash-flow cycle. Union Bank offers both seasonal and asset-based lines of credit.
Seasonal lines of credit
Seasonal lines of credit help established businesses that operate seasonally with cash to supplement revenue during the off-season.
Asset-based lines of credit
Asset-based lines of credit are used for established manufacturers or distributors that need to finance the production or purchase of goods until inventory is sold and payment received. Asset-based lines of credit are generally secured by inventory or accounts receivable.
Stop by or contact a member of our Commercial Lending Team to learn more.
Download our printable application. The PDF below contains instructions and “field fillable” boxes you can type directly into. Once completed, simply print out, sign and deliver (or mail) to any of our locations or Commercial Lending Team members.