A line of credit gives you access to funds up to your credit limit which can be borrowed and paid back multiple times while only paying interest on the money you borrow. This is a flexible and typically unsecured way to borrow money for seasonal businesses or businesses that need help managing cash flow or handling unexpected expenses.
Pros
Flexible borrowing
Typically no collateral required
Cons
May have maintenance fee or withdrawal fee
Good credit and consistent revenue required
Best for
Short term needs
Seasonal business to manage cash flow
Our 3 Step Process
1. Apply
Fill out our Quick Apply application.
2. We review your application
We review your goals and present you with programs matching your needs, getting an offer in 24 hours.
3. Receive funding
Choose the program that fits you best and receive funding within 48 hours.