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Business ProTecLineSM
Overdraft coverage to help your company maintain liquidity
Sometimes unexpected expenses can have a negative impact on your liquidity and may leave you worried about whether you have enough funds in your checking account to cover your transactions. That’s why First Commercial Bank, N.A (USA) offers overdraft lines of credit – to give you peace of mind of knowing your transactions are covered. Our Business ProTecLine is a revolving line of credit of up to $10,000 – giving your company the flexibility and convenience of knowing your transactions will be covered despite unexpected temporary negative balances in your checking account.
Features:
- Less paperwork — no separate closing documents; all paperwork is signed at time of application
- Streamlined annual renewals
- No collateral required
- Interest-only monthly payments ($50 minimum)
- Availability of cash when you need it
- Access to account information through Online banking or AccountAbilitySM bank-by-phone service
The details:
Fees: There is an initial loan fee and an annual renewal fee.
Rates: Based on Prime Rate, plus a predetermined margin
Amounts: $2,500 to $10,000
Additional Requirements: Autopay from an First Commercial Bank, N.A (USA) Business checking account is required.
- From the U.S.A
- +1 601 282 9653
- Rest of the World
- +1 601 282 9653
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