Commercial Line of Credit
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Access the Cash You Need When You Need It

Cover your operating expenses or accommodate seasonal fluctuations with a commercial line of credit linked to your Merrill Lynch Working Capital Management Account® (WCMA® account).

  • Regulate your cash flow by borrowing only what you need
  • Eliminate costly interest expense often incurred by overborrowing
  • Automatically pay down your loan with incoming cash, further reducing interest expense
  • Get access to cash when you need it – it’s as easy as writing a check or using your Visa® card

Commercial Line of Credit Features

Loan range

Loans start from $1,000,000.

Terms

One year, renewable annually.

Collateral

Typically secured by collateral, such as accounts receivable and inventory.

Frequently Asked Questions About a Commercial Line of Credit

What are the benefits of a Commercial Line of Credit?

With a commercial line of credit you borrow only what you need, eliminating the costs of overborrowing. It provides a business with the security of knowing that should cash be needed quickly, funds are easily accessible.

How can a Commercial Line of Credit be used?

A line of credit may commonly be used by a business to regulate its cash flow. For example, companies may use it to cover operating expenses or manage seasonal business fluctuations.

How does the Commercial Line of Credit work?

The Commercial Line of Credit is financed through yourWorking Capital Management Account® (WCMA® account). Loan amounts start from $1,000,000. You access funds as needed and can automatically pay down the loan with incoming cash from your WCMA account, reducing interest expense. You may reuse any prepaid amount of the loan up to your available limit.

Related Products & Services

For your business financial needs:

For your personal financial needs:

For more information call 1.866.4ML-BUSINESS (465-2874) or e-mail us at AskMLBiz@ml.com.

Merrill Lynch, Pierce, Fenner & Smith Incorporated is a registered broker-dealer, not a bank, and the WCMA account is not a bank account. Banking services are provided by licensed banks or by third parties through arrangements with licensed banks. Unless otherwise indicated, investment products are not FDIC-insured, not guaranteed by a bank and may lose value.

Working Capital Management Account and WCMA are registered service marks of Merrill Lynch & Co., Inc.

The WCMA® account is a product of Merrill Lynch, Pierce, Fenner & Smith Incorporated.

The WCMA® Commercial Line of Credit, which is linked to the WCMA account , is offered through Merrill Lynch Commercial Finance Corp. 


Financing, including the WCMA Reducing Revolver loan, is through Merrill Lynch Commercial Finance Corp., 222 North LaSalle Street, 17th Floor, Chicago IL 60601-California Loans made pursuant to a Department of Corporations California Finance Lenders license.  Programs, options and property types are not available in all states and are subject to change.  Certain conditions, restriction and costs may apply, Not all features are available with all programs.  All loans are subject to credit review and approval. 

Should the value of securities pledged as collateral decrease below a certain level (as specified within the loan document), the deposit of additional assets and/or liquidation of assets may be required. Securities-based loans cannot be used for investment purposes. A complete description of the loan terms can be found in the Loan Agreements. When considering Merrill Lynch financing, take into account your individual requirements, portfolio makeup and risk tolerance, as well as capital gains taxes, portfolio performance expectations and investment time horizon.