Term Loans
Lump sum?
Yes
Draw money as you need it?
No
Pay interest only on the amount you draw?
No
Ideal for larger, one-time needs?
Yes
Ideal for ongoing working capital needs?
No
Operating Line of Credit
Lump sum?
No
Draw money as you need it?
Yes
Pay interest only on the amount you draw?
Yes
Ideal for larger, one-time needs?
No
Ideal for ongoing working capital needs?
Yes
