Prime Plus Business Access Creditline

• This revolving creditline for businesses is accessed by using special checks. It was developed to provide convenient access to cash in meeting business needs -- for working capital, trade discounts, financing receivables, or managing short-term cash requirements.
• Maximum credit limit: $250,000. The credit reserve is replenished as funds are repaid
• Initial start-up fee and an annual renewal fee are based on the creditline requested.
• There is no transaction fee.
• Interest rate: Hawaii National Bank base rate plus a margin. For the current rate of interest, please call our branch offices.
• A monthly statement will show the activity in your creditline, including the amount of accrued interest and payment due.
• Minimum monthly payment: 2% of the outstanding balance plus interest or $100 including interest, whichever is greater.
• No prepayment penalty.