Lines of Credit
Get Business Loans On Low Credit Score
This product provides access to funds up to a certain limit, which can be borrowed and paid back multiple times while only paying interest on the money loaned out.
This is often an unsecured product and helps to lend capital for seasonal businesses, companies that need help managing cashflow, or for organizations handling unexpected expenses.
Is This The Right Fit For You?
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Flexible borrowing
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Typically no collateral required
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Approval within 24 hours, will receive funds within 5-10 working days
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Only pay for what you draw (total reserves can be higher than what you take out)
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May have a maintenance or withdrawal fee
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High credit score and consistent monthly revenue required
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Short term needs
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Seasonal companies to manage cash flow
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Typically best used for operational costs like payroll or to increase inventory
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Gaps in payments from customers ( purchase order fulfillment)