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Lines of CreditLines of Credit support your trading cycle through short-term financing needs like purchasing inventory and carrying receivables. You save money since you pay only for the credit you use. If your suppliers give discounts for paying early, such as 1% 10 days/net 30 or 2% 10/net 30, borrowing on your line to take these discounts can save you a great deal of money, not to mention strengthening your credit relationship with these suppliers. To find out more contact Charlie
O'Mara, Executive Vice President, Commercial Lending Group. |
   
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