A revolving line of credit gives you the ability to access capital whenever you need. These funds are available on demand with a click of a button. You only pay for what you use and this can be beneficial for businesses that want to sustain or invest in growth. The term and rate typically stay fixed so you know exactly what you are paying for.
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BUSINESS LINE OF CREDIT
- FUNDING AMOUNT UP TO $1M
- COST STARTING AT 4.5%
- TERM 6 MONTHS TO 3 YEARS
- FUNDING WITHIN 24-72 HOURS
HOW TO APPLY?
A revolving business line of credit application is a smooth and simple process with our one-page application. We typically look for a high credit score with strong bank statements showing healthy daily balances. There are no prepayment penalties, monthly maintenance fees, or account closure fees for the line of credit, making it a particularly attractive option if a business qualifies. With this product, there are no restrictions on how the capital drawn from the line of credit is used. A line of credit can be approved and funded in as little as 24-48 hours.
REQUIRED DOCS
- DRIVER’S LICENSE
- VOIDED BUSINESS CHECK
- BANK STATEMENTS
- BUSINESS AND PERSONAL CREDIT SCORE
- BUSINESS TAX RETURNS
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