LoanAlbertaWorking Capital
Business Loans — Operating Line of Credit
Get up to 75% of your operating costs financed, secured with inventory and receivables.
A line of credit is a revolving, open loan that allows you to borrow what you need, when you need it. Businesses generally use an operating line of credit for day-to-day needs rather than large purchases, and aim to pay the operating loan down quickly.
Offered by ATB Financial
Amount
Up to 75% of your operating costs financed, secured with inventory and receivables
Quick eligibility check
Years in business
No minimum stated
Employees
No limit stated
Revenue
No limit stated
Legal structure
No requirement stated
Location
Alberta
Who can apply
Applicants must be businesses
About the funding
Finances up to 75% of your operating costs financed, secured with inventory and receivables.
Interest rate: variable
Term range: revolves automatically, no need to re-apply
Repayment: flexible terms
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Agriculture Loans — Ag Equipment Financing & Leasing | Loan | No fixed amount | Open |
| Agriculture Loans — Agriculture Term Loans | Loan | Up to 80% financing available | Open |
| Agriculture Loans — Equity Agri-Plan Loan | Loan | Line of credit, $10 million maximum, variable interest rate, monthly repayment, amortization up to 35 years | Open |
| Agriculture Loans — Evergreen Financing | Loan | No fixed amount | Open |
