Business Credit Line in Kansas City

Business Credit Line in Kansas City

Better banking. Better bankers. Better business.

Besides offering a great local high interest checking account and a high interest savings and money market account in Kansas City, Cornerstone Bank loves partnering with businesses to help our community flourish.

As local business owners ourselves, Cornerstone Bank understands that when times get tough, it’s a relief knowing you, your business, and your staff are covered.

Having a business credit line in Kansas City means having more flexibility and control over your finances. If your business could use a steady, reliable source of funds for inventory needs, growth, or seasonality, a business credit line may be the best choice for you.

Many small businesses across different industries and incomes use business credit lines. Typically, Cornerstone Bank services locally owned businesses ranging across industries like:

  • Manufacturing
  • Industrial
  • Service & Contracting
  • Wholesale
  • Transportation
  • Leasing
  • Professional Services
  • Medical Professionals
  • and more

Overall, many businesses in the Kansas City area have taken advantage of Cornerstone Bank’s business line of credit for a variety of reasons. But how do you know if it’s right for your business?

Cornerstone Bank in Kansas City wants you to feel in control of your money and educated on how best to use it, because we built this bank for you.

In this article, we’ll walk you through why you may need a business credit line in Kansas City, why Cornerstone Bank may be a great fit for you, and information about how to find a line of credit that works best for you and your business.

Why might I need a business credit line in Kansas City?

You may be wondering whether or not you need to apply for a business credit line in Kansas City. Cornerstone Bank’s lending team has over 14 years of banking experience, and we want to shed some light on the topic for our fellow business owners who may be seeking a little bit more insight than they’d find elsewhere.

Enjoy a flexible payment schedule.
Business credit lines often offer affordable monthly payments and do not charge fees for paying off your balance early. This means you can use your credit as necessary while business is slow, then pay it off when business picks up.

Control your flow of expenses.
Having a business credit line in Kansas City means being covered all year round for your general expenses and necessities to keep your business running and on track for success without worrying about seasonality.

Feel prepared for emergencies.
You shouldn’t have to rely on your daily or monthly income to cover your business in an emergency. Having a dependable line of credit for your business can mean all the difference in keeping your company above water–sometimes literally.

Build your credit.
Operating on a solid routine of paying off your balance will help your business build credit in the long run, ultimately benefiting you and your family.

Why bank local with Cornerstone Bank?

Focused on blown-out-of-the-water service.
Banking local at Cornerstone Bank means a guarantee of amazing customer service every time, and never leaving after your visit feeling upsold or pressured.

We understand life happens, and not always on a 9-to-5 basis. We care about our fellow community of business owners so much that every member of our team provides you with their direct line, cell phone number, and even home phone number. You’d never find that at a traditional bank.

Focused on maintaining excellent rates.
Because we operate all of our business out of a single location, our institution avoids many of the overhead costs associated with larger banks, which are traditionally passed on to their customers. That’s why we’re able to offer such phenomenal rates–because we instead pass our savings along to our customers and community.

Focused on you, by a reliable, trusted team.
We don’t lose clients. In the time since we’ve opened, many other local banks have either sold or closed! Cornerstone Bank believes a large part of our continued relationship with the Kansas City small business community is the amazing team we have on staff. Our lending staff has over 14 years of banking experience!

We believe our customers come for the rates, but stay for our service and dedication to helping you win with your money. Not a lot of banks can say that with much confidence.

How to find a business credit line in Kansas City

When looking for a business credit line in Kansas City, there are a few important questions you should ask yourself before diving into the application process.

Does my business have a strong, reliable business plan?
Is there a structure in place for your business? Do you have a hierarchy of employees who are going to need to access the credit line? Do you have the legal documents necessary to protect you should any employees maliciously access your account?

Are the expenses I need to cover worth the extra interest?
What kinds of purchases do you plan on making with this credit line? Having clear boundaries of what are and are not acceptable expenditures will help you maintain a low balance over time.

What are my slow seasons? What are my busy seasons?
Intimately knowing the ins and outs of your business and any seasonality you might encounter in your commerce flow will help you determine what kind of credit you could potentially need to get you through any slow season.

What kind of features do I get with a business line of credit?
When shopping various local banks for business lines of credit in Kansas City, be sure you check out the kinds of features that come with the account. Are you able to use online banking to pay your bill? A mobile app to manage your balance? Does the credit line come with any extra perks with the bank? Any bank should be able to answer these basic questions about the credit lines they offer.

Do I have the financial statements I need to apply for a line of credit?
To speed up your application process, be sure to have all of your necessarily financial statements in order and ready for processing. This may include financial statements, tax returns, and age of accounts receivable. If you are in the process of building a start-up company, be sure you have a structured business plan ready for implementation in a format that’s easily digestible for a financial institution.

Why Cornerstone Bank offers business credit line in Kansas City

Haven’t gotten a call from your banker in over a year? You deserve more. In Kansas City, it’s tempting to bank with a large institution. But with high interest rates and cold, sales-focused officers, it becomes clear that the convenience of these banks is costing you in the long run.

Cornerstone Bank is here to offer our community more than the bare minimum. People really matter to us, which is why we provide outstanding business credit lines in Kansas City–so our customers are able to do more with their assets.

Many locally based businesses, including startups, choose to take advantage of Cornerstone Bank’s business credit line in Kansas City when they need short term working capital for their daily expenses and operations.

Amazing custom service done faster.
Our lenders work to get your business credit line in Kansas City established on a timely manner, costing you less expense in the long run.

Advice you can depend on.
Trust that Cornerstone Bank has your back with a dependable line of credit you can count on. We make ourselves available far outside the typical 9-to-5 schedule, because we understand life happens and your business must keep moving.

Reliable people invested in your business.
Our lenders have personal ownership in our institution, and provide personal advising and counseling for our fellow business owners in Kansas City. Our team has better experience with helping business owners get the line of credit they need than you’ll find anywhere else.

Let’s take the leap together.

Cornerstone Bank is along for your business’s journey to success. We will work diligently and carefully to help you decide the best course of action for your company that works for you, your staff, and your customers. The sooner you apply, the sooner your company will be on its way to long-term financial stability!

People like people. Period.

Cornerstone Bank is here to serve our community by providing business credit lines in Kansas City. We promise to uphold our values of human-based customer service, because frankly, people get things done in a way that automation simply can’t.

We will continue to provide you with better interest rates and no barriers to your financial success. After all, we aim to help YOU gain from OUR years of experience.

Ready to take the next step?

If you’re still on the fence, reach out to our team and schedule a one-on-one meeting. We’ll help you determine the best steps for you to take control of your assets and start making more. Your money will work smarter, not harder, at Cornerstone Bank in Kansas City.

Contact Us

Learn more. Earn more.

What’s next? Visit your local Cornerstone Bank for more information. We would love to have a sit-down meeting with you and your business partners to discuss how we may help your team.