Credit Solutions
Maintaining appropriate liquidity levels, funding growth, managing overnight shortfalls.
There are many reasons your credit union may need extra funding. Catalyst is there to ensure your liquidity is strong while your growth doesn’t falter with a range of credit solutions designed to meet your specific borrowing needs. Regardless of the solution, or product, you choose, you can rely on Catalyst to provide fast and efficient service so you can focus on serving your members.
It’s a fact… funding needs don’t always line up with liquidity levels. A line of credit provides the backing you need when a little extra liquidity is called for. You can have lines of credit ready to go as needed to cover settlement shortfalls, unexpected loan demand, high share withdrawals and more. Lines of credit are attractively priced, provide automatic usage notifications and can cover short-term overdrafts as needed.
A Letters of Credit from Catalyst provides proof of financial backing to help kick-off your capital or other large-scale projects, ensuring completion with guaranteed payment to a third-party on your behalf up to an agreed upon dollar amount.
Terms loans can help you achieve your strategic goals. Catalyst term loans can be structured to meet your specific needs providing financial flexibility with attractive rates. Rate options include fixed, variable, bullet and amortizing structures while collateral requirements are flexible.