Lines of Credit
Understanding Lines of Credit
A business line of credit offers funding only when your business needs it. Once approved, you can simply draw against your line as the need for capital arises. Whether the need should be tomorrow, next week, or next month.
Lines of Credit will be offered with payback terms between 7.99% and 24.99% interest based upon on analysis of the health of your business. Approvals can be driven by credit scores, debt ratios, credit inquiries and account receivables.
