IB Overdraft facilities are available to help established businesses meet short term capital needs, inventory requirements and facilitate receivable financing. IB Overdrafts are normally short term and designed for a fixed period up to 12 months.
BENEFITS OF IB OVERDRAFT/ LINE OF CREDIT
Provides funding, enabling businesses to take advantage of unexpected opportunities and meet short-term funding needs
Interest is paid only on the amount utilized
Convenient ongoing access to line of credit during active term
For detailed information on, contact our credit department or visit one of our branches today.