Lines of Credit
The ones who are crazy enough to think they can change the world are the ones who do.
- Steve Jobs -
Lines of Credit
If your business does $200k annually, $20k monthly revenue, or has unpaid receivables or valuable contracts and you need cash NOW - Call us!
< $50k to $50 Million
Step 1. Apply Online
Our application process is simple and easy, and can be finished online or over the phone.
Step 2. Get Your Approval
A dedicated specialist will offer and discuss options tailored to meet your business needs at no cost.
Step 3. Receive your funds
Complete the online application process and get funded within the next 24 hours.
APPLY ONLINE NOW
Quick Application Process
We prioritize the security of your information. Our encrypted and secure document upload feature ensures that your confidential documents are handled with the utmost care, providing you with peace of mind throughout the application process.
Fast Response and Capital Injection
24-Hour Turnaround Time
Minimal Paperwork Needed
Why should I choose us for funding?
We are the perfect size to have MANY options that can deliver for our clients and the perfect size to personally care about them, and EACH and EVERY deal. We stand out for our commitment to results, offering competitive interest rates, many options, and clear terms. YOUR success is OUR success!
How quickly can I expect my funding?
Experience swift financial support through our streamlined application process and efficient approval system. With quick decisions and prompt disbursements, our nearly 100 ready-to-fund lenders ensure you get the financial assistance you need promptly.
What makes your loan options unique?
Enjoy flexibility and personalized solutions with our customizable loan options. We understand that everyone's financial situation is unique, and our diverse range of options reflects our commitment to meeting your specific needs.
How do you ensure the security of my personal information?
Your privacy is our priority. We employ state-of-the-art encryption and security measures to safeguard your personal information. Our robust system ensures that your data is handled with the utmost care and confidentiality.
What support can I expect throughout the loan process?
Our dedicated customer support team is here to assist you at every stage. Whether you have questions about the application, or need clarification on terms, our responsive and knowledgeable team, backed by nearly 100 lenders, is ready to provide the support you need.
No collateral required
Secure the capital you need based on cash flow — often without having to pledge any type of asset or collateral.
Fast time to fund
Ideal when you need cash fast, and BANKS are MOVING TOO SLOW. You can be approved in a little as 6 hours and funding in as little as 24 hours.
Early payoff discount
Clients who shorten payment cycles are often eligible for an early payoff incentive to help fund what’s next.
Funds that flex
Capital can be used to fund a variety of business needs from everyday operations to securing growth opportunities.
Lines of Credit
Lines of Credit
Features and benefits
A line of credit is a set amount that can be borrowed when you need it. Unlike a traditional term loan, the funds can be used for business purchases such as inventory, supplies, or operating expenses. Different from a term loan, which has a fixed monthly repayment, a line of credit (LOC) can typically be repaid in full without penalty, or paid on installments, and then remains open, without the need to begin or apply for a new loan.
LOC’s are “revolving” similar to a credit card but typically with lower rates, which distinguishes them from term loans, so the funds can be used up to the amount approved and repaid again and again without the time or expense of applying for new funding each time you need it, and often renewed each year. It’s there when your business requires it. Different from a term loans which when repaid is closed, LOC’s remain open for further use providing on-going liquidity options for your business.
Get the Funding You Need, as Your Business Grows.
Up to $5 million or more.
Flexible terms: 1 – 10 years.
Very fast, often 1-3 days to funding.
Finance construction.
Fund project expenses.
Get working capital.
Common uses for LOC’s
Growing Your Business
Start up your business and pay for the costs of hiring more people, paying them, adding new jobs, and more.
Operational Costs
Keep cash on hand at all times for rent, utilities, and other costs that your business needs to pay every day.
Marketing Expenses
By adding more marketing campaigns to the mix, you can bring in more business and take on more customers.
Seasonal Fluctuation
Obtain the funds you need to keep your business going when business is slow due to seasonal changes.
Inventory and high demand for materials, etc.
Wage Costs
A ready source of funds to cover wage costs, especially if your facing short term cash flow challenges.
Purchase equipment, tooling, etc.
What is a Lines of Credit (LOC)?
LOC’s are “revolving” similar to a credit card but typically with lower rates, which distinguishes them from term loans, so the funds can be used up to the amount approved and repaid again and again without the time or expense of applying for new funding each time you need it, and often renewed each year. It’s there when your business requires it.
Different from a term loans which when repaid is closed, LOC’s remain open for further use providing on-going liquidity options for your business.
Secured vs. Unsecured Business Line of Credit
SECURED Business Line of Credit: The lender requires the borrower to use their own assets as collateral for the loan. Since this is a short-term debt, the lender may be willing to take inventory or accounts receivable as security. For larger lines, property or equipment might be used as collateral. Generally, these offer a lower rate, and for a higher amount vs. an unsecured LOC.
UNSECURED Business Line of Credit: Many business owners choose this option because the lender doesn’t need any assets as collateral. Lending money without collateral is riskier for the lender, so getting approved requires a fairly financially strong borrower. Generally, these offer a higher rate, and a lower amount vs a secured LOC.
Do you offer 100% financing?
Yes, depending on the type of financing you’re looking for and the situation, we offer up to 100% financing for many purposes.
What documentation do I need to provide to be considered for financing?
To analyze your file, we would typically need:
A completed credit application.
Last two years’ tax returns.
CV or resume.
Copy of previous three years’ business tax returns.
Current year-to-date P&L statement on your practice.
Practice profile information.
Advantages to Lines of Credit
Access the cash you need, at the time you need it.
Pay for what you use, because you can borrow only what you need at a given time.
Instant Funding source on stand-by.
Lines of Credit (LOC) can offer a great deal of flexibility and terms that can assist in providing a cash flow buffer for your business that can used again and again.
Dream it
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Fund it
•
Build it
•
Grow it
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Dream it • Fund it • Build it • Grow it |
Our streamlined process can make applying and receiving your funds QUICK and EASY, and right from YOUR office.
Apply On-Line
Just so you know…
U.S. Based
We are based right here in the U.S. We don’t use call centers, or people that answer the phones but have no real ability or answers for you. When you speak with us you get a knowledgeable pro, EVERY TIME.
We are the perfect size to have MANY options for you, AND the perfect size to care about each client and each deal.
Every client is important us; YOUR success is OUR success.
We Don’t Sell Your Info
We don’t ‘pipeline’ you, or drag info out of you over several pages of questions, then force you to commit your email and phone, only to sell it off to ten no-name companies that will bombard you with messages and calls. WE DON’T DO THAT!
So, when you apply please be complete and know that you are working with US and NOT and army of robots. We will work diligently to find the right lending product for you with the right terms to fit YOUR needs, now!
Get a Pro, NOT a Call Center
Our service is FUNDING business through great service that is both FAST and transparent.
We DO NOT generate income by selling leads to others, that just isn’t what we do. We provide funding and strive to it GREAT, each time.
Funding Co’s Like US vs. BIG Banks
When you apply with us, we can offer products from hundreds of lenders, and after learning about you we can usually recommend one that is a great fit for YOUR needs.
Banks can be very SLOW, STRINGENT with requirements, and often NOT FLEXIBLE at all. You can find yourself in a never ending request for documents, AND you can wind up in ‘loan by committee’, only to get DECLINED. Ouch.
If a bank DECLINES a loan, which they do MOST often, you are back to SQUARE ONE. You will have to start over at a totally different place with perhaps a new set of fees and credit pulls. (70%-90% of business applicants are declined at large banks.)
A large bank sells their products and specialties, that’s it. If you don’t fit those for some reason, they DECLINE.
As an independent funding company, not only can we move FAST, we can switch gears, we can move to different products, different lenders, or a totally different lending program or approach. We/YOU are not restricted by ‘loan by committee’, or by a very narrow array of choices offered by most banks.
If there is a way to get your deal done, we WILL get it done!
Contact Us
Interested in working together? Fill out some info and we will be in touch shortly. We can’t wait to hear from you!