What is the maximum number of loans I can draw from my GXS FlexiLoan?
You can draw up to 10 individual loans from your GXS FlexiLoan credit line at any time, as long as the total amount of all your loans are capped at your available credit limit. For example:
With an available limit of $10,000, you can choose to draw 10 concurrent loans of $1,000 each.
You could also choose to draw 10 current loans of different amounts, as long as it does not exceed the available limit of $10,000.
The GXS FlexiLoan is designed in a way that grants you the flexibility to structure your loans however and whenever you need them.