FUND AMOUNTS: $10,000 - $1 Million
TERMS: 3 - 72 month
APR: 0.99% - 5.99%
- 580 score or higher
- No bankruptcies
- No more 3 inquiries in the last 6 months
APPROVAL REQUIREMENTS: Application, Most recent 3 months business bank statements, Proof of Business Registration, EIN Letter
A line of credit gives your business access to revolving funds that can be used for any business expenses. You only pay back what you utilize. For example, you get approved for $100,000 but only use $10,000 of the approved funding, therefore, you only pay back $10,000. Once approved, funds typically arrive within 1 to 3 business days.