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Revolving & Non-Revolving Lines of Credit


Loan Highlights

Loan Amount

$10,000 to $1,400,000



Eligible Accounts Receivable.
See your Premier Service Bank Commercial Lending Officer for details.





Interest Rates

Variable, based on Wall Street Journal Prime Rate plus a margin of
1-3%, adjusted daily.



Generally not to exceed 80% of eligible account receivables.
Eligible account receivables include account not exceeding
60-days, less concentrations of 20%.





Minimum Debt

Typically 1.10x or >


Closing 48 hours on loans less than $349,999.99 and 3 to 5-business
days on loans exceeding $350,000.00 from executed application
assuming timely receipt from borrower of all information requested.




Fore more information:


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