Lines of Credit for Business

What is a line of credit?

Line of credit is a borrowing option where you’re approved upfront for a set credit limit that you can draw on whenever you want. You’re not charged interest on the full credit limit, you only pay interest on the amount you borrow. You can borrow pay it down and borrow again and again, as long as you don’t exceed your total approved limit.
A line of credit might be drawn on with checks or balance transfers, much like a bank account

What documents do we need?

  • Last 4 months bank statement 
  • A filled application
  • Credit card statements 
  • Credit Score 

What do we need to fund you?

  • 6+ Months in business
  • Minimum 500 credit score 
  • minimum $10000 monthly revenue

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