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Credit line Amounts: Up To $50,000
Use of Funds: A business line of credit can be used to buy inventory, cover expenses, or pay for other business needs. A key point here is that a line of credit is a form of revolving credit. This means that you don't need to use the full amount you're approved for all at once, and instead you can draw as much or as little as you need, when you need it. As you pay off your balance, you can continue to borrow money when you need it from your available credit. This also means that when you do draw funds, the payments you'll be making will be based on the amount you've drawn, not the total amount of your line of credit limit.
Interest Rate: 1% monthly
Terms: no expired
Funding period: 2-3 weeks
Begin your credit line application today. We've streamlined the process for you.
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