State National Bank is your one-stop shop for financing of any kind.
Talk to a Lender
What is a line of credit?
A Line of Credit is an open-end credit product that allows you to make draws, repay and redraw as needed, while a traditional installment loan is a lump sum of money that is usually repaid over a fixed loan term. A Line of Credit is a flexible way to borrow to ensure you have a safety net for any unexpected expenses.
What are the benefits of a line of credit?
- Flexible Access to Funds
- Interest on What You Use
- Helps Manage Cash Flow
- Builds Credit History
- Reusable Financing
Lines of Credit Overview
State National Bank makes applying for a Investment Property Loans quick and easy. As a local bank we are able to make decisions quickly.
Talk to a LenderFlexible Access to Funds
Unlike traditional loans, a line of credit lets you borrow only what you need, when you need it, up to your approved limit.
Interest on What You Use
You only pay interest on the amount you actually borrow, not the entire credit limit.
Helps Manage Cash Flow
Great for covering unexpected expenses or seasonal fluctuations in business revenue without disrupting operations.
Builds Credit History
Regular use and timely repayments can strengthen your credit profile, helping with future borrowing.
Reusable Financing
As you repay your balance, the funds become available again for future use without needing to reapply.
Is this loan right for you?
What do personal lines of credit offer?
- With a Line of Credit with State National Bank, you only pay charges on what you borrow.
- Once approved, you can request a draw online at any time so long as you have available credit and your account is in good standing.
- If you have an outstanding balance, you will need to make regular payments, and your due dates will generally align with your pay frequency.
- The process to submit a request is simple, quick, and completely transparent, with clear repayment terms.
- A good payment history over time may decrease your cost of credit and increase your credit limit.
What to know before you apply
- You'll need to provide documentation for income
- We may request income verification
- Be prepared for any appraisals
- Talk to our team early — we're here to help
Contact us today!
An experienced member of our lending team will be there for you every step of the way.