Oxford Bank Home Home  | Sitemap | Privacy | Disclosures 
   
 

 
BUSINESS BANKING - Loans - Lines of Credit

Lines of Credit - can provide access to cash for a variety of short-term and ongoing financing needs.

   Normal Uses:   Support working capital requirements.
   Terms:   Generally renewable annually.
   Rates:   Floating.
   Fee:   Varies depending on loan.
   Collateral:   Generally first liens on all short-term assets, which may include accounts receivable and inventory. Other collateral may be required.
   Support:   Personal guarantees are generally required.


Stop by or call our Finance Center for more information.

Finance Center
64 S. Washington Street
Oxford, MI 48371
248-693-7473 phone

Business Banking Resources

Learn the Basics of Credit Reports and Scoring