Business Line of Credit
What is a Business Line of Credit?
A business line of credit gives you access to funds up to your credit limit which can be borrowed and paid back multiple times while only paying interest on the money you borrow.
This is a flexible and typically unsecured way to borrow money for seasonal businesses or businesses that need help managing cash flow or handling unexpected expenses.
Business lines of credit are available for startups and established businesses and can be opened in as little as 24 hours from time of application.
Pros:
Flexible borrowingÂ
Typically no collateral is required
Cons:
- May have maintenance fee or withdrawal fee
- Good credit and consistent revenue required
Best For:
Short term needs
Seasonal businesses to manage cash flow
OUR 3 STEP PROCESS
1. Apply
Fill out our Quick application.
2. We Review Your Application
We review your goals and present you with programs matching your needs, getting an offer in 24 hours.
3. Receive Funding
Choose the program that fits you best and receive funding within 48 hours.