Many businesses find it difficult to obtain the financing necessary to operate a successful company. Those who don’t qualify for traditional bank loans or who don’t want to risk personal collateral, unsecured business credit may be the answer. Our unsecured business lines of credit allow start-ups and established businesses to obtain financing ranging from credit card solutions for small businesses to $500,000 individual credit lines. Actual loan amounts are based on three criteria:
As long as the business owner or partner has a good credit file, new companies without a proven revenue stream can typically qualify for between $25,000 and $100,000. An established business with good credit and financials and revenue ranging from $1,000,000 to $10,000,000 can expect to qualify for between $100,000 and $500,000. Interest varies from 0% introductory business credit card offers to larger credit lines with rates that are 1-5% over prime.
It’s really quite simple. All you need is ten minutes to complete out our short, no obligation pre-qualification that includes a credit check that costs under $45. Contact us and speak with one of our highly trained financial professionals about how an unsecured business line of credit can benefit your business.