PageContent1Less paper, less cost, more cash flow.In every business there comes a time when extra financial resources may be needed. This discretionary revolving line is designed to provide licensed businesses in the USVI and BVI the ability to meet seasonal and short-term financing needs with ease and convenience. Your Line of Credit:May be used as overdraft protection for your Commercial Checking AccountOffers a variable interest rate tied to the JP Morgan Chase Bank Prime Rate or other common indicesMay be secured by cash or equivalents, real estate, inventory, accounts receivable or other business assetsCharges interest on the portion of the line that is actually usedIncludes legal and filing fees that vary depending on the size of credit and collateralIncludes a commitment fee payable upon approval To apply, you will need:A completed application (available at the locations listed below)Signed copies of the business’ last three annual tax returns and financial statementsA personal financial statement from each owner, validated within the last 90 daysYour current business plan (for new businesses), along with a listing of the collateral to be pledged for the loan Applications can be obtained at: St. Thomas: Waterfront Financial Center St. John: Cruz Bay Branch St. Croix: Orange Grove Financial Center British Virgin Islands: Roadtown Financial Center USVI 1.866.695.2511BVI 1.284.495.8899