Happy smiling woman working at a handmade soap stand at farmers market

How a Business Line of Credit Can Help Your Summer Growth

Plan ahead and capitalize on seasonal opportunities

Whether you hire seasonal staff, stock up on inventory, roll out promotions, or upgrade equipment, the summer months are an opportunity to grow your business. However, without access to proper financial tools, fully capitalizing on these opportunities can be financially challenging. Preparing your business for this potential growth means considering cash flow and planning of larger orders, or new products. Let's take a look at how a business line of credit can help.

What Is a Business Line of Credit?

A business line of credit is a source of funding that provides you with a sum of money that you can draw upon as needed. Unlike a loan where you receive a lump sum upfront, a line of credit operates more like a credit card. You simply borrow what you need when you need it and only pay interest on the balance you borrow.

Key benefits include:

•    Flexible access to cash for unexpected expenses or quick opportunities

•    Pay interest only on what you borrow, not the full credit line

•    Revolving access - once you repay funds, they become available again

•    Improved cash flow management during fluctuating revenue periods

This kind of financing is especially helpful for seasonal businesses or those experiencing short-term cash flow gaps. It lets you bridge the gap between expenses and income without disrupting operations or slowing your momentum.

How CWCU Can Help

At Central Willamette Credit Union, we understand the unique needs of local businesses. Our Business Line of Credit offers:

•    Low rates

•    Variable limits depending on the size and goals of your business

•    Quick access to cash when and where you need it

•    Local management and personalized service

Whether you're expanding your services, preparing for a busy summer season, or simply want to protect against the unexpected, a CWCU Business Line of Credit can help you stay ready, responsive, and resilient.

Let’s work together to make this your best summer yet. Contact our business services team today to learn more or start your application.