January 16, 2015

RETAIL Line of Credit

Retail Line of Credit offers secured and unsecured lines, fixed and floating rates, and promotional pricing. Repayment plans are flexible, with percentage of balance with minimum payments or fixed payments. Multiple fee features provide you with maximum income potential. Product controls allow you to minimize operational issues while providing a flexible, customer-friendly product. Umbrella Line is a revolving Retail Line of Credit which the customer may use to obtain fixed-term loans as well as standard draws against the current available balance.

Retail Line of Credit’s highlights include:

  • Revolving/Non-Revolving
  • Secured or Unsecured
  • Variable Rate Options with Tiers
  • Flexible Billing Methods
  • Insurance
  • User-Defined Fees
  • Securitization
  • ATM Interface
  • Dispute Processing
  • Hold Funds
  • Disbursement Controls