Is Your Business In Need of A Line of Credit?
A business line of credit is a financial product that provides a flexible source of funds for businesses. It allows a business owner/owners to borrow money up to a predetermined credit limit, similar to a credit card, and they can withdraw funds as needed for operating costs including : - Payroll
- Rent
- Utilities
- Marketing
- Unforeseen repairs
- Equipment
Essentially anything you need to run your business effectively.
Highlights & Qualifications:
- Loan amounts from $25,000-$150,000
- 12 month term interest only payments
- Upon application approval funds can be delivered in days
- Revolving structure for flexibility- pay back and draw as needed
- Can extend interest only payment for another 12 months
- Low monthly payments
- 660 FICO score
- Must be in business for 2 years
- Simple documents required include:
- 6 most recent months of business bank statements
- Business debt schedule
- Voided business check
- Driver's license or other identification document
|
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home