Lines of credit are an exceptional tool for any growing business. Think about it as a credit card for your business that can provide you cash whenever you need it for any purpose you may have (without charging for cash advances like a typical credit card). Your business is only charged interest based on what is used, not interest on the total amount of the available funds as in a term loan.
Our startup line of credit program is one of the best on the market and utilizes a mixture of unsecured business and personal credit cards with no interest rate for the first year. We don’t require any collateral, tax returns or financials.
Funding amounts: $15,000 to $150,000 (average $50,000)