Line of Credit

Business line of credit = flexible funds. Good credit score = better loan terms.

Types of Business Line of Credit: Secured and Unsecured?

A secured business line of credit:

Secured business line of credit = collateral needed (usually real estate). Good for new businesses or those with credit issues. Lender uses collateral for payment if business defaults.

The unsecured business line of credit:

Unsecured business lines of credit don't need collateral but may require a personal guarantee, have higher interest rates, and require a strong credit score.

Why Get a Business Line of Credit?

A business line of credit allows small businesses to access funds as needed for day-to-day needs without constantly applying for loans.

How Does a Business Line of Credit Work?

A business line of credit is a flexible way to access funds as needed, with interest charged only on what is used.

What is the Best Business Line of Credit?

Fast process (from application to funding)
Access to a wide variety of lending options
A true revolving line - access to additional funds once you begin to pay back the line
Ongoing access to the line to be used to assist with cash-flow in times of opportunity and emergency
Better rates and terms that meet your business needs

What Do You Need To Qualify?

6+ Months in Business

You can qualify for our top financing options with as little as 6+ months in business.

$5,000+ Monthly Gross Sales

The minimum revenue to qualify for financing options are $5,000 per month, or $60,000 in annual gross sales.

600 FICO Score

We have financing options for all credit profiles. The minimum FICO score required to apply is 600.