Business Lines
of Credit

Get flexibility for your small business with a
line of credit from Educators Credit Union.

Business Lines of Credit

Business lines of credit are most often used for working capital expenses of your business; to help fill the gap between your payables being due and your receivables being paid.

One common use for business lines of credit is to cover payroll expenses.

Term and interest rate:

  • The term is determined by the line of credit amount
  • The interest rate starts at Prime plus 3 percent

Visit any Educators location to apply for a business loan or line of credit. To help the application process, applicants should bring tax returns for the business and any business owners for the previous two years.

If you have questions about Business Lines of Credit, Contact Business Development Officer, Neil Staeck, at (262) 321-7408 or stop in at any Educators location for more information.


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