Corporate Banking Services Business Credit Line

Every business has its ups and downs - seasonal peaks and valleys that can affect income and expenses. A Line of Credit from Banco di Caribe is the perfect way to ride out those bumpy stretches, knowing you’ll always have funds available to meet the short-term needs of your successful business by allowing you to borrow, repay, and re-borrow funds as needed.

Credit line features:

  • Used for funding payroll, improve cash flow, purchase of materials and inventory, financing of Account Receivables, seasonal working capitals or emergency funds
  • Pay no interest until you draw funds, interest is charged only on the portion of the line you use
  • Competitive rates of interest
  • Secured by company’s floating assets, investments (CD’s) or real estate.


Credit line requirements:

  • Company financials of the two (2) most recent years
  • List of company machinery & equipment, inventory & stock signed and dated
  • Aging list of company Account Receivables signed and dated
  • Copy of a recent appraisal report less than one (1) year, prepared by one of the Banks preferred appraisers (if there’s real estate securing the loan)
  • Company Bank statements (if not a BdC client)
  • Personal guarantees by company owner(s), BdC net worth statement must be completed and submitted

Make an appointment with an account manager.

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