Business Line Of Credit
On Demand Capital Pay Only For What You Use
Use Your Line Of Credit For Just About Anything (Really).
A business line of credit isn’t just a safety net – it’s also one of the most flexible forms of financing. You can use it for just about any small business need: buying equipment, hiring staff, increasing inventory, adding a second location, paying invoices, installing a cappuccino machine, and more. And because a line of credit is revolving, you can use it as many times as you want. As soon as you repay what you’ve used, those funds become available to you again.
Qualifying And Applying For Your Line Of Credit Is Pretty Easy.
To get your business line of credit, you’ll typically need to be in business at least 6 months and have $50,000 or more in annual revenue. You’ll also need a credit score of 560 or higher. Your lender may ask you to make a personal guarantee, which is an agreement that the lender may be able to levy personal assets such as a car, house, or bank account if you default on the line of credit. Applying is easy: simply fill out our 15-minute application, then compare business line of credit options from 75+ lenders.
You Pay Interest On The Funds You Use - Not The Whole Thing.
One of the coolest things about a business line of credit is that you only pay interest on the funds you use, not the full amount. For example, if you’re approved for a $40,000 business line of credit and you use $20,000 for office upgrades, you’ll just pay interest on that $20,000. This could save you a bundle in interest. See, pretty cool, huh?
A LOAN MADE JUST FOR YOU AND YOUR BUSINESS
Our goal is to be the premier go-to source for business financing. We strive to be the best-in-class service for funding needs for your business. We listen, analyze, and evaluate to help you achieve growth and financial goals for your business. No hidden fees, No application fees, Trust Integrity
