BUSINESS LINE OF CREDIT

 Lines Of Credit are perfect for when business conditions change, unexpected issues arise, or windows of opportunity open.  Are you prepared to deal with these occurrences? Thousands of business owners have learned that with a business line of credit they are!  As financing experts, we understand the unique needs of business owners and the daily challenges they face.  That's why we have partnered with Select Lenders as well State Chartered Community Banks some of which have been funding small business owners for the past 20-30 years all across the nation.  Due to our multiple partnerships & close relationships, we have access to flexible and customizable solutions designed to meet the broad array of business owner needs!

What Is A Line Of Credit?

Lines Of Credit give you access to funds up to your approved credit limit which can be borrowed and paid back multiple times while only paying interest on the money you borrow deposited straight into your business checking account. Unlike a term loan where you receive a one-time lump sum and would have to reapply for a brand new loan every time you needed additional capital, Credit Lines are a flexible and typically unsecured way to borrow money offering fixed terms and rates all while allowing you to scale your business without being hindered by unexpected hiccups along the way.  Being able to draw on the funds as you need them can be an essential lifeline for your business.  

What Can A Credit Line Be Used For?

 

Inventory Financing, Expansion Projects, Opening Another Location, Equipment Financing, 

Renovations & Remodels, Pay For Franchise Obligations, Business Licenses, Buy-Out Business Partner,

 Cash Flow Stabilization, Paying Off/ Consolidating Debt, 

Many More Uses!

Pros:

  • Flexible borrowing. 

  • Typically no collateral required. 

  • 24-48 hour approvals

  • Simple Underwriting

  • Fast Funding! Typically 3-5 business days!
     

Cons:

  • Usually requires 1-2 years in business, but can be less depending on industry.

Best for: 

  • Short Term Needs. 

  • Seasonal Business to manage cash flow.

  • Needing to Bridge gaps.

  • Emergency Back-Up Funds.

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Our 3 Step Process:

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1. Apply

Fill out our Quick Apply application.

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2. We review your application

We review your goals and present you with programs matching your needs, getting an offer in 24 hours.

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3. Receive funding

Choose the program that fits you best and receive funding within 48 hours.