Lines of Credit
Get the money when your operation needs it
When a financial need arises, you need to act fast. You might have a sudden cash flow issue. You might have an opportunity to make an investment. Perhaps your equipment needs a costly repair.
ICICI Bank Canada offers the short-term financial help you need to manage your day-to-day business with lines of credit at competitive rates.
Use Short Term Financing: Avoid delays when business opportunities or unexpected expenses arise
Plan Flexible Repayments: ICICI Bank offers its lines of credit on open terms – payments can be made on a weekly, bi-weekly or monthly basis.
Enjoy Daily Interest: Interest is calculated daily on the fluctuating outstanding balance and charged monthly. You only pay interest on the amount used.
Easy Access: With the Lines of Credit, you can access the money you need like any bank account.
Enjoy the freedom of doing what your business needs – when the opportunity arises.