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 Merchant Cash Advance |
Accounts Receivable Financing |
Purchase Order Finance |
Unsecured Business Line of Credit
Unsecured Business Lines Unsecured Business Lines of Credit are designed to assist small
businesses that want to react quickly to business opportunities, improve cash
flow, or want to fund business growth.A business line offers tremendous flexibility for the small business owner by yielding access to funds whenever the business calls for it, up to a predetermined amount, pay no interest until you draw the funds, interest is assessed only on the portion that is drawn, and the business has the freedom to pay the balance in full or over time. If the line is paid down, the credit becomes available to you again, and the line is perpetual. There are typically no prepayment penalties or line closure fees associated, and rates are typically assigned from Prime to Prime + 6, depending on credit level. Although the small business owner guarantees the line of credit, the line does not report to your personal bureau; but will report to Dun & Bradstreet, as the credit is actually being given to your business entity. Our lines of credit require no collateral, our lenders focus on your credit history to make their decisions – the stronger the history, the less our investors will ask for. The unsecured business line of credit works much like a business credit card, although your rates are typically lower, limits are larger, and you have the added benefit of check writing access along with card access and bank or online transfer. Multiple repayment options are commonly available including auto-debit and online payment systems.  Many other uses
for an unsecured business line of credit include:
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