Installment Loans are offered only to residents of Ontario, Canada. Loan principal amounts vary between $1,000 and $15,000 based upon income and other qualification requirements, including a credit check. Installment loan repayment terms range from 12 to 60 months based on amount borrowed. Example: For a monthly paid customer, a $1,000 loan for 12 months originated on January 1 would have a monthly payment amount of approximately $105.89 with a disclosed cost of borrowing of $268.77 with a total payback of $1,268.77 when paid according to the terms of the loan agreement. The APR for the loans is 46.93%. Absolutely no hidden fees or costly add-on products. http://whichyieldfarm.com/community/profile/kaybeasley72788/ One of the main benefits to having a business a line of credit is that itвЂ™s revolving. That means you can access the credit line when you need it, pay down the balance, and use the line again as funds replenish. There are many ways you can use business lines of credit. Here are some popular reasons why other small business owners use credit lines. Much like a credit card, a HELOC is a revolving credit line that you pay down, and you only pay interest on the portion of the line you use. A Line of Credit requires a BECU checking account. To apply simply log in to Online Banking and select Apply for Credit Cards & Loans from tabbed options. First, determine your needs. Do you need to borrow a large amount of money? Do you want to make regular, fixed payments? Do you have property with which to secure credit? Do you want extra money just-in-case? Our handy calculators can help give you an idea of what loan option is right for you. For a more customized analysis of what loan option is best, talk to a First Hawaiian Banker today or call (808) 643-LOAN (5626). Guam residents, please call (808) 477-LOAN (5626), and from the CNMI call 1-800-403-7167.