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| Steven King, CFP, MBA, AAMS 4555 HollandStreet Wheat Ridge, Colorado 80033 303-420-8804 Toll Free: 877-420-8804 fax: 303-420-8805 sking@1stallied.com |
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| iiEnterprise Center: Business Line of Credit |
| Retirement Plans Financial Planning Investments |
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The BusinessLine® Line of Credit provided by Wells Fargo Bank, NA, Member FDIC What is a line of credit? A line of credit is a powerful financial tool - providing your business with a substantial credit limit, up to $100,000. How do I access my line of credit? You have several convenient options for drawing from your line. Use Wells Fargo’s 24 hour customer service to transfer funds to your business checking account. and... You can write a SUPERCHECKStm check. and... You can use the BusinessLine® MasterCard®. What are the interest rates? Rates are variable, and can be as low as 1.75% above prime. Contact Cloverleaf Financial Group for a quote. What is the fee to open a BusinessLine® account? $150 for a credit limit up to $25,000 $250 for a credit limit from $25,000 to $100,000 What is the annual fee to maintain a BusinessLine® account? $150, which is waived for the first year. Do I need to put up collateral? No collateral is required. How do I learn more? Call Cloverleaf Financial Group with your questions, and to make an application. |