At Comerica, we’ve been helping businesses succeed since 1871. We have dedicated small business specialists available, with the knowledge and experience necessary to provide flexible borrowing options to keep your business running smoothly. With competitive rates and a variety of lending solutions, you’ll see why Comerica is the Leading Bank for Business*.

Advantages of a Comerica Community Banking Line of Credit

  • A versatile, flexible financing solution for short-term working capital needs
  • Access via Comerica Transline (secure telephone IVR) for cash advances or balance pay-day
  • Funds can be paid back and utilized again for short-term or recurring financing solutions
  • Automatic monthly payments from a Comerica business checking account
  • Variable interest rate

Account Features

With a small business Line of Credit, you can borrow and pay down your balance as often as your business needs. Lines are available from $10,000 to $500,0001. Take advantage of a variable rate and interest only monthly payments.

Business Purpose

A business line of credit is perfect for meeting recurring cash needs and supplementing cash flow. Utilize your line for short-term cash needs that can be repaid during a business cycle such as invoices, subscriptions and utility payments. Your line of credit is also available as a cash reserve for unplanned short term-business expenses such as payroll, supplies and seasonal inventory expenses.


  •  0.25% rate discount for customers with Comerica deposit relationships of 50% or more of the total loan request/exposure
  • Rates and fees vary based on collateral type used
  • Variable rate

Loan Terms

  • Demand Note
  • Continuously open while subject to review

Funds Access Method

  •  Secure IVR telephone access
  • At any Comerica banking center

Payment Schedule

  • Monthly auto-payment required
  • Interest-only monthly payments


Closing Fees

  • $75 Vehicle secured
  • $125 Cash, CD or Marketable Securities held in a Comerica brokerage account, or unsecured
  • $250 General business assets secured
  • $400 Real estate secured

Real Estate Closing Fees

  • $250 Title search2
  • $300 Residential real estate appraisal3
  •  $500 Commercial real estate evaluation4
  • $500 Environmental questionnaire5

Annual Fee

  • $150 Annual fee6