With a line of credit, you can manage your cash flow

Is cash flow a challenge for your business? Consider applying for a line of credit at First Utah Bank.

A line of credit is basically a loan that you can tap into when you need it, whether for improving cash flow, meeting payroll, purchasing inventory or a host of other things. The amount you’re pre-authorized to borrow is subject to your eligible collateral. We look to accounts receivables, inventory and equipment for collateral. If certain credit conditions are met, you may be eligible for an unsecured line of credit.

As the article How to Use a Line of Credit to Your Advantage in thesimpledollar.blog notes, an advantage of lines of credit is that such loans require you to pay interest and fees only on the portion of funds you borrow. At First Utah, there’s no penalty to paying down the principal balance to reduce your interest expense.

Are you ready to turn your assets into a cash-flow tool? Our Business Loan Application is available for download. At First Utah, our goal is to consistently exceed your expectations. We are First Utah. We are Utah first.