ASSETLINE LINE OF CREDIT
Spending power, when and where you need it.
Whether you want to take on new accounts, hire additional staff, expand your physical space or upgrade your technology, Elevations AssetLine Business Line of Credit provides a convenient and efficient way to meet your day-to-day cash flow needs.
AssetLine Business Line of Credit features:
Convenient fund access
Local, in-house underwriting and processing for a faster turnaround
Competitive rates
No prepayment penalties
Flexible payment terms
Leslie Patterson, CEO, and Thomas Segelhorst, PE, of Integrated Mechanical, a mechanical engineering consultancy in Fort Collins. Business banking members since 2019.
ASSETLINE BASICS
A line of credit backed by your assets.
AssetLine is a different line of credit. Available for up to $30,000, this line of credit is secured by the assets of your business.
We’ll guide you through the process.
Talk with a Business Banker.
Your Business Banker will help you find the best solutions for your working capital needs and get your application underway.Talk with us.
We’ll review your application.
In-house underwriters who know the Colorado business market make a local decision about your loan.
You’ll get a quick loan decision.
With your loan approval happening under one roof, you can get approved in as little as one business day.
Commonly asked questions
AssetLine allows Elevations business members to access working capital how they choose, meaning they can advance funds via online banking or at an Elevations branch.
Be prepared to provide your banker with at least three years of financial statements, as well as details on your personal financial health. In general, a good rule to keep in mind is your banker would rather have more information than less, so don’t worry about inundating him or her with documents.
The first step you, a business owner, should take when assessing working capital needs is to call your banker and set up an appointment. Your banker is trained to ask specific questions and help guide you toward the best solutions for your business. While you may think a particular option is the best fit for you and your business, your banker may come to a different conclusion and offer you a perspective not yet considered.
More ways we can help your business
CUSTOM SOLUTIONS
Our Business Banking Team can help you find banking solutions fit for your needs.
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