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Business Maximizer® Line of Credit

Keep the cash flowing while your business is growing

Our Business Maximizer® Line of Credit is designed to meet your short-term financing needs to take advantage of seasonal buys, cover unexpected expenses or just to smooth out the lumpiness of your cash flow cycle. Best of all, the funds are there when you need them, but you pay no interest until you draw on the line.

  • Lines of Credit up to $100,000
  • Line of Credit is unsecured
  • Variable interest rates
  • Repayment requirements include monthly interest payments and a consecutive 30-day out-of-debt period each year
  • Line of Credit requires a 12-month annual review
  • One-time processing fee of $100 and an annual fee of $100
  • Annual fee waived with Business Maximizer® Checking Package
  • May be used for overdraft protection

Ready to get started? To apply for a Business Maximizer® Line of Credit, call us at (805) 564-0292, or just stop by one of our convenient branch locations.

Compare our Small Business Loan options.

 

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News

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We are pleased to report that for the first six months of 2010 Montecito Bank & Trust earned $4.4 million in net profit, a 13% increase over 2009. [Read on]


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Montecito Bank & Trust is pleased to announce that Anthony Castillo has joined the bank as Vice President and Branch Manager of the Carpinteria Branch. [Read on]