There is, of course, certain information required to be considered for approval of a line of credit. Typically this would include three years of tax returns for the business and the owners along with a personal financial statement for the owners.
Harborstone will need to review financial information of the business and any shareholder who owns at least 25% of the business. Turn around time and processing your request is usually handled very quickly and can be completed in most cases within a few days. Your Business Lender will work with you to determine what is necessary for your specific request or any other financing for you or your business.
Harborstone Credit Union has a group of dedicated business lending professionals that can custom fit the right credit product for your businesses needs.
Business Line of Credit
What Is A Business Line Of Credit?
What Is Required?