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Commercial Lines of Credit

A line of credit is an agreement with a lender to make a certain amount of money available to you, before you need it. The amount of money the lender makes available may be either secured or unsecured. The interest rates on lines of credit can vary, again depending on your own financial situation, the amount of the loan and the terms and conditions of borrowing.

A line of credit can give you tremendous flexibility, at often very low cost. It can allow you to make decisions about your business confident that you have the money to finance them. At OMJ mortgage services, your line of credit can be arranged, depending on your approved credit, for anyway from $50,000 to $5M.

For more information on commercial lines of credit contact an OMJ Commercial Mortgage Specialist. To read more about lines of credit and the kinds of mortgages that might apply to your business venture, check out our blog.

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