Commercial Credit Lines
A commercial line of credit from New Tripoli Bank allows an established business to borrow, repay, and borrow again for a variety of short-term financial needs.
- Easy access to funds via our free online banking tool or mobile banking app.
- Credit line can be used for your business's short-term working capital needs.
- Credit line reviewed for renewal on an annual basis.
- Interest paid monthly.
- Interest rate is variable and adjusts daily based upon a market index rate (currently the Wall Street Journal U.S. Prime Rate).
- Can be utilized with a New Tripoli Bank SWEEP checking account to minimize interest expense.