Line of Credit Solutions
Line of Credit ($10,000 – 500,000): Lines of credit offer flexible access to businesses like yours. It allows you to borrow funds as needed, up to a pre-approved limit, and pay interest only on the amount you borrowed.
The way it works is that a business is approved for a set amount of credit and has access to that amount through a streamlined process, which allows for easy access to drawing on the approved amount when needed. The full amount does not need to be drawn at once; your business can conveniently draw on as much or as little working capital as it needs, up to the approved amount. Businesses are only responsible for repaying the funds they used, plus any interest or other fees that may be charged. Funds can be deposited within 1-2 business days after application approval.
A quick overview of the application process is below.
