If you want cash now for your business needs tomorrow, get the MCB Business Credit Line.
For a limited time, you’ll get a special introductory rate loan to:
- Periodically fund day-to-day business operations, like paying employees and accounts payable
- Meet cash flow needs when business is seasonally or cyclically slow
- Purchase inventory or materials when cash flow is low
- Get cash for an emergency or unplanned business opportunity
- Have ongoing access to cash without having to
re-apply for funds if you need them in the future
Features:
- $50,000 and up
- Variable interest rate
- Pay interest only when you draw funds
- No minimum draw requirement
- Revolving with no expiration date
- The credit line is unsecured – additional collateral such as personal or commercial property is not required
This promotion is only for the South Florida and Houston markets. For information regarding the South Florida MCB Business Credit Line promotion, please call 1-877-424-5325. For Houston, please contact Eric Marruffo, Sales Manager at 1-713-331-4292 or visit one of our Banking Centers nearest you.
*6-month Introductory Offer of 3.25% is a variable interest rate based on the Prime Rate listed in the Wall Street Journal (WSJ) as of 6/07/10. Offer begins on 6/21/10. During the Introductory Period, should the Prime Rate change, the Introductory Offer rate will change accordingly. After the Introductory Period, the variable interest rate will be based on effective Prime Rate plus Bank margin. Effective rate shall be no less than 6%. Subject to specific terms and conditions of each separate lending option. Certain fees may apply. Offer is valid for a limited time only and is subject to change.
Rev.: June, 2010 | Back to top
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