Business CashLine Line of Credit

Use:
· The Business CashLine Line of Credit offers you flexibility for business purchases with a revolving credit line and convenient check access to funds. Your credit availability is continually replenished as balances are repaid, which makes it ideal for financing receivables, purchasing inventory or other working capital needs. It also offers interest-only monthly payments.

Loan Amounts:
· Up to $250,000; Minimum $10,000. Some limitations apply based on size and type of business.

Terms:
· No Stated Maturity/On Demand for amounts of $50,000 or less.
· 3 year maturity for amounts $50,001 to $150,000
· 2 year maturity for amounts greater than $150,000

Interest Rate:
· Adjustable; floating with CB&T's Prime rate. Rate to be determined based on overall risk factors of the applicant.

Loan Fees:
· Annual loan fee: $125 for every $50,000 borrowed, with $125 minimum, due at inception and annually
· Late charges and overdraft transaction fees will also apply

Other Criteria:
· Business must be profitable.
· Personal guarantees of all principals with 20% or more ownership in the business.
· Acceptable credit histories.
· Business and personal financial information required for credit requests greater than $50,000
· Collateral required for credit requests greater than $100,000
· Other limitations apply.