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Commercial Line of Credit

Shinhan Bank America has various commercial loans to fit your financial needs. Our lending staff will find the best solution for your business with fast decision making. Please visit your nearest Shinhan Bank America branch or contact us by email or phone.

Commercial Line of Credit

If your business needs temporary support for operating cash flows from timing difference between the sale of products or service and the cash collection, Commercial Line of Credit will be the solution for your financing needs. This is ideal for companies that need support for operating cash flows during collection period of accounts receivable. The maximum term for CLOC is 1 year, but it can be renewed based on the annual review.

Loan amount, interest rate and terms and conditions will be based on various criteria, such as your business history, projection, experience, credit rating and available collateral. For your eligibility and required documents for business loan inquiry, please contact email address/phone number or visit the nearest SHBA branch.