Lines of Credit

Business Line of Credit Details

Two Options: Revolving Business Line of Credit & Business Equity Line of Credit

Revolving Business Line of Credit Description

Ideal for businesses with short-tem working capital needs.  This revolving line of credit can help your business manage fluctuating cash flow. 

Features & Benefits

  • Line can be renewed from year to year
  • Credit limit based on your company's current asset levels; borrowing availability increases as your assets increase, so that your line grows along with your company
  • Sweep lines are tied to your business checking account, with automatic line advances and pay downs
  • Variable interest

Download Application



Business Equity Line of Credit Description

Ideal for start up businesses, allowing you to put the available equity in your home to work for your business.

Features & Benefits

  • Up to 80% of your equity is available
  • $150 application fee
  • Great way to establish credit in your business name
  • Easy access to your line through checks and access card
  • Simplify bookkeeping - separation of use of funds for tax purposes*

Download Application



Let's Talk

  • Call: 888-283-2303
  • Fax loan application to: 330-996-6078
  • Visit the nearest FirstMerit branch


Subject to credit approval.

* FirstMerit does not offer tax accounting advice. We recommend consulting your tax or accounting professional.