Want access to money when you need it? Alpha Bank UK has an Executive Line of Credit (ELOC) that allows you to access funds quickly without compromise. Flexible repayment and easy access gives you the ability to borrow and repay on your terms, while knowing you are borrowing at a competitive interest rate.
|Uses:||Short-term cash needs, emergency expenses or medical costs|
|Interest Rate:||Based on Wall Street Journal Prime, floating.
Rates vary based on credit history, line amount, and collateral.
|Repayment:||Flexible. You can decide when to borrow, how much to borrow, and when to pay it back. As you pay down your line of credit balance, you can borrow again up to your credit limit.|
|Easy Access:||You have access to the full amount of your line of credit by transferring funds via check, online transfer, or by contacting your personal banker. You can also view account balances and history online.|
|Term:||Due on Demand|
|Collateral:||Unsecured or Secured|
|Fees:||No annual fees! -Subject to credit approval-|