The Flexibility of a Business Line of Credit

The Business Line of Credit provides you with an available line of credit to draw from depending on your financial needs. Access your line of credit for purchasing inventory, working capital or seasonal cash flow demands.

Amount: $100,000 to $500,000 (subject to review and annual renewal fees).

Rate: Variable, based on the Prime Rate (subject to change daily).

Minimum Monthly Payment: May be interest only on a monthly basis or 1/36 of the principal and a finance charge. An annual "clean-up" feature for a 30 day period is required.

Repayment Method: Monthly payments are automatically deducted from your Astoria Federal BusinessOne Checking Account.

Access to Funds: Easy Access to the amount you need (minimum line draw of $2,500) up to your available credit line.

We're Here to Help...
Our Business Relationship Managers are dedicated to helping make your business life easier, more efficient and more profitable. We'll help you create the personalized solution for your small business. Simply click on "Ask The Expert" to send us an e-mail, call us at the numbers listed below, or click on "Locations" to find the branch and ATM nearest you. We look forward to working with you!

Astoria Federal Business Relationship Managers

Andrew Alesi - (516) 731-8977
Southern Nassau

Scott Achtziger - (516) 358-9320
Eastern Queens, Northwestern Nassau & Westchester

Dan Deutsch - (718) 894-7945
Western Queens

Christopher Trakas - (631) 547-4840
Suffolk & Northeastern Nassau

Perry Shapiro - (718) 769-2330
Brooklyn & Southwestern Nassau

Douglas Gifford - (631) 207-9680
Eastern Suffolk