For unpredictable projects, a business line of credit means you borrow once, then take what you need when you need it. It’s a great fit for big to-do’s like renovations or rebranding. A line of credit can even function as a low-risk way to cover bills, payroll, and other operating costs during cash flow gaps.
More flexibility for every what-if.
Apply for anywhere from $5K to $40K and tackle what’s next with newfound confidence. With a business line of credit, you’ll only pay interest on what you use, not the full amount you’re approved to borrow. So you’re never on the hook for the money you didn’t really need in the first place, but you (and your bottom line) are always ready for what the day, week, or month brings.
Our business services team is here to support you and everything you do. Anytime you need to talk shop, reach out directly to us at 931.436.9088 or email us at email@example.com.
On the road or at the conference, keep your money close with our mobile app and online banking.
Our business members enjoy access to credit union branches and ATMs all around the world — surcharge-free. Learn more about how to find a Fortera-friendly credit union near you.
Our skilled experts are easy to reach and happy to help. For members and non-members alike, meetings and consultations are always free, so make the most of your money, on us.
With us, your money is always protected and insured by the National Credit Union Administration. You’re covered on all deposits up to $250,000, so save away.
....Trees, space, and worry. Always enjoy access to 18 months worth of e-statements. Keep more trees, toss your file cabinet, and know your info is always safe and sound.
Once you’re approved, your term will be revolving with a one-year initial draw period. You must make one advance annually, or your line of credit will be closed.
You can access your line of credit funds by using your debit card at an ATM, or by writing a check.
You’ve got enough on your plate. That’s why our business loan applications are always free.
When you set up Auto Bill Pay in online banking, you can make payments from wherever you are. So set that out-of-office and take a break. You’ve earned it.
From flipping houses to fixing up the shop to making payroll, a business line of credit can cover you. Schedule a meeting with us and apply today.
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The Business Line of Credit is an unsecured loan.
The two biggest differences between a Business Essential Loan and a Business Line of Credit are the types of interest rates for each loan and how one receives their funds. Business Essential Loans are fixed-rate loans and they are given in one large lump sum. A Business Line of Credit is a variable rate loan and business members receive access to a line of credit. You can borrow as much as you need without having to commit to a large lump sum.
This loan is great for projects that don't have a fixed price. If you are remodeling a lobby, paving a parking lot, or even covering a gap in income, etc. this is a great option for you. It allows you the flexibility to borrow what you need instead of requiring you to borrow a larger sum.
Yes! You can make additional payments on all Fortera Loans.
You can get anywhere between $5,000 - $40,000 in funding.
To verify your identity, we always ask that you come prepared with a government-issued ID. It is important that it is not expired. Examples of acceptable IDs include a State Driver's License or a U.S or Foreign Passport. If we have trouble validating your ID, we may ask for a secondary ID. If you have a question about whether or not an ID can be used, just text us at 931.431.6800 or chat with us at forteracu.com. Please click here for full list of the documents you will need.
You do need to call us or come into a branch to open this account. We are working toward having easy online applications soon. In the meantime, please call us at 931.431.6800, email us at firstname.lastname@example.org, or schedule an appointment to open an account.