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COMMERCIAL LINE OF CREDIT
A Commercial Line of Credit is a vital part of your businesses day-to-day operation essential to meet your businesses short-term financing requirements.
Once Approve your Line of Credit is readily available to assist your business with its daily cash flow and to accommodate working capital requirements.
Your Line of Credit is easily accessible from anywhere, at anytime, through online banking; telephone banking; Interac; business cheques or at our branches.
Dauphin Plains offers competitive variable interest rates tied to Dauphin Plains Commercial Prime Lending Rate plus a premium depending on your credit history.
Interest is charged only on the actual dollar amount borrowed and payable monthly.
Deposits made to your account are credited immediately to the balance outstanding on your line of credit reducing the amount of interest you pay.
Monthly statements record all account activity for uncomplicated bookkeeping.
Optional Life and Disability Insurance.
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