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Business Line
of Credit

$5,000 - $150,000

FUNDING AMOUNT

3 - 24 MONTHS

TERM LENGTH

A business line of credit is a flexible business loan that allows you to borrow up to a certain amount or credit limit, to cover short-term working capital requirements.

 

When you get a business line of credit, you're approved to borrow up to a certain amount of money and you’re able to access some, or all of that money as you need it. After you fully pay off a portion you’ve used, the full amount of your line of credit is available for you to use again.

 

Although business lines of credit do operate very similarly to a credit card, they are not the same thing. Credit cards typically have higher interest rates and in many cases, a line of credit does not have a mandatory monthly payment system.

Unlike a term loan, a business line of credit allows you to run your business without having to apply for a new loan every time you need extra cash. And with ongoing access to working capital, you can plan for and better manage your future cash flow.

Flexible Financing for your Business

Business Line of Credit
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Minimum Qualifying Criteria

Standard LOC
  • 600+ credit score
  • 12+ months in business
  • $15,000+ avg monthly bank deposits
Startup LOC
  • 680+ credit score
  • Utilization below 30%
  • No recent bankruptcies

Required Items

  • Signed one page funding application
  • 3-5 most recent business bank statements
  • Business tax returns (only in certain cases)
No Collateral
Requirements

Why Choose Us?

Unlike traditional banks, we truly understand your business needs. Your success is most important to us, so we’ll never over-leverage your business by offering you more funding than you can handle.

Our simple application and quick approval process makes it easy for you to get the working capital your business needs, and our experienced funding consultants will walk you through it every step of the way.
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