business loans

Business Lines of Credit

As a business owner, looking for the best deal comes second nature to you. That’s why ABNB’s business lines of credit are a no-brainer! You can fund all kinds of needs — from inventory to ongoing updates — at competitive rates that blow big bank rates out of the water. 

A line of credit also lets you draw from your funds repeatedly without having to reapply. It’s the easiest way to finance your business needs.

Summary
  • Competitive, fixed rates for a wide range of long-term or seasonal business needs
    • Seasonal fluctuations
    • Inventory
    • Capitalize on trade discounts
    • Working capital
    • Ongoing updates
    • And more
  • Secured and unsecured options available
  • Repayment customized based on your business’s needs
  • Funds available right as you need them; apply once then use again as needed thereafter
  • Revolving credit – as principal is repaid, more becomes available for use
  • Interest-only option available upon qualification
  • Funds are easily accessible three ways: as overdraft protection, through online banking, or at a local ABNB branch
  • Local decision-making and processing in Hampton Roads
  • Attentive, friendly service from start to finish