Business Line of Credit
Give your business the financial protection it deserves with a business line of credit.
What is a Business Line of Credit?
A business line of credit allows access to a predetermined amount of funds when you need it while only paying interest on the actual amount used. No unnecessary complexities. Draw and repay as you go for a truly flexible and revolving credit option.
Business Line of Credit at a Glance
What to Expect
Loan Amounts
Up to $750,000
Repayment Terms
12 to 36 Months
Payment Options
Weekly, Monthly
How Do I Qualify?
- US/Canadian Citizen
- Registered US/Canadian Business – Sole/Partnership/LLC/INC/PLC/LTD
- 12+ month Time in Business
- 720+ Personal FICO Score
- Active business checking account
- $100,000 or more in monthly business bank deposits with a $10,000 or more ending balance
- No Bankruptcy in the past
- No default/bad history with any private lenders
Minimum Requirements to Qualify for a Business Line of Credit
- Most Recent 4 Months of Business Bank Statements
- Completed Loan Application
- Tax Returns (optional)
- Proof of Ownership (Optional)
- Partners Information (for partnership businesses)
- Copy of Your Voided Check (before funding)
- Copy of Driver’s License (before funding)