Lines of credit is a flexible way of getting additional operating capital for seasoned businesses. For this type of loan, interest is paid only on the amount of money withdrawn for use. For instance, if a $50,000 line of credit is granted to you and you only withdraw $5,000, the interest you will pay will only be calculated for the amount of $5,000 used. The rates for lines of credit range from 12.99% to 26.00% APR and are based on the assessment of your business and/or personal credit. To pay back, fixed daily, weekly, bi-weekly or monthly payments are withdrawn directly from your business bank account. Our lines of credit are usually granted for a year, but may be extended afterwards.

We provide lines of credit of up to $100,000 and our APR's are as low as 12.99 %. Credit lines can be used as a flexible working capital to gain advantage of new business opportunities or to cover your unexpected expenses when needed.

Line of Credit

  • Draw the cash you need directly into your business checking account at any time. Only pay interest on what you draw. Pay back your balance early any time.

  • Use your line of credit to:
    • Manage accounts receivable gaps
    • Take advantage of new opportunities
    • Manage unexpected expenses
Line of Credit Qualifications and Pricing
Do I qualify?
  • Companies in business for at least three years
  • $200,000+ in gross annual revenue
  • A majority owner with a 600+ personal credit score
What are the rates?
  • 12.99% – 26.00% APR
  • Your line amount and rate will be based on our assessment of your business along with your business and personal credit
How do I pay back?
  • Fixed daily, weekly, bi-weekly or monthly payments
  • Automatically deducted from your business bank account, so you don’t have to worry about missing due dates
Are there any fees?
  • $20 monthly maintenance fee, which is waived for 6 months if you draw $5,000 or more in the first five days of opening your account
  • Additional fees are subject to credit approval
Sample $10,000 Draw and Payback Based on a 19.99% APR
Pay off your balance in … 1 week 6 months
Total Repayment $10,038.44 $11,119.50