Business Credit
Types of Business Credit
Benefits
- Credit lines up to $250,000
- Simple interest rates as low as 4.8% over 26 weeks
- Funds available on demand
- New business OK
- 3 months bank statements or accounting software sync
- $50,000 in revenue minimum
- 600+ minimum FICO
Real Estate Collateral Line of Credit
- Credit lines from $200,000 - $6,000,000+
- Interest rates range 12 - 18%
- Collateralize loan with real estate utilizing 100% CLTV
- Will loan 10% of business gross annual sales
- 2nd or 3rd lien position on available equity up to loan amount
- Simple application and funds available in 5-7 days
- 620+ minimum FICO
Unsecured Lines of Credit
- Syndicated business credit cards up to $150,000
- 0% interest for 12 - 18 months
- Cards can be liquidated for cash
- Flexibility to use the line for anything
- No industry restrictions
- Stated income
- Zero derogatory accounts required
- 680+ minimum FICO