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Customer Service > Questions & Answers > Frequently Asked Questions > Business Banking >

Business Loan / Line of Credit

How is the monthly payment calculated on a Business Line of Credit?

The monthly payment on a Business Line of Credit of $100,000 or less is 1% of the outstanding balance or $50, whichever is greater, plus accrued interest. The monthly payment for a Business Line of Credit greater than $100,000 is interest-only, with principal due at maturity. For details, terms and conditions, please call WaMu Small Business Banking toll free at (800) 788-7000.