Mayflower Bank offers revolving lines of credit to assist you with receivables, inventory, or other working capital needs, and to smooth out seasonal cash flow fluctuations. Fixed and variable rates are available, and you pay interest only on the outstanding balance.

Possible Uses for a Line of Credit:

• Your business is seasonal, but your payroll and expenses are year-round; draw on the line to pay bills during the slow months then pay it off when business picks back up.
• Your primary customers are in slow-paying industries, so you need to bridge the gap between your receivables and payables on a regular basis.
• You take advantage of volume discounts for your inventory or other business opportunities.