Do you need a business line of credit? (Not credit cards a true business credit line.)
If you’re a business owner in need of open-ended access to credit for ongoing needs such as seasonal working capital or inventory management, a business line of credit might be the solution for managing your cash flow. Ideal for Established (at least 2 years old) businesses looking for an unsecured financing solution to supplement cash flow, take advantage of unexpected business opportunities, expand your business or cover for any business expenditure. Also included in our Program this will provides optional overdraft protection for your Business checking account.
How It Works…
Get fast, convenient access to up to $1M+ cash without fees1 when you use free personalized Business Line checks to pay vendors or employees, make larger purchases and more from your line of credit account.
Or, access your line of credit with the Business Line Card access and make business purchases at retailers, online and anywhere credit cards are accepted. Get up to four personalized access cards, so all owners of your business can access your line of credit.
Secure your credit line with...
- A blanket lien on your assets and borrow up to 70% of accounts receivables and 40% of inventory
- A certificate of deposit and borrow up to 100%
- Your Business Equity with our Business Equity Line of Credit Program
- Commercial Line Of Credit
Monthly Payment Options Monthly interest-only payments automatically deducted from your business checking account during revolving credit period. Principal payments can also be made by the borrower at any time. Also Variable terms up to 15 years available.
-Rates as low as 4.99% for FULL DOC applicants
-As low as 7.99% for STATED INCOME applicants
-All our products are unsecured. We do not collateralize or lien against any personal property or commercial property.
Lines will not report to credit bureaus
Lines will only report to your new business credit profile. So in the near future you do not have to depend on your personal credit for future business financing needs.Drawing these credit lines will not affect your debt/credit ratio, thereby protecting your personal credit for personal needs (auto loans, mortgages, student loans, personal credit cards).
No Doc or Full Doc & Verification
We have products that tailor to how established your business is. If your business is a start up, we have No Doc products available. If your business is established and showing profit, we have full doc products available.
No Upfront Costs
With our pay per performance pledge, you will not be charged a dime until you receive your funding.