A Business Line of Credit is a flexible financing option that allows businesses to draw funds as needed up to a predetermined limit, paying interest only on the amount used.
Flexible access to funds, interest only on used amounts.
Variable interest rates, requires strong credit history.
Dollar Amount: $10K – $275K
Term: 12-36 months
Revenue Requirement: $15K monthly revenue
Time in Business: 1+ Years
Credit: 650 FICO