Business/Commercial Lines of Credit

A Small Business Line of Credit gives businesses flexibility and access to cash as needed.

This form of financing allows a business to draw cash from its total credit limit for any business purpose only paying interest on what the business uses.

When offering an asset to secure business and commercial financing, the owner/owners of the business reduce the level of risk for their lender, and thus in turn decrease the interest rate they will receive on their loan.

Business/Commercial Lines of Credit.

Business/Commercial Lines of Credit /

A Small Business Line of Credit gives businesses flexibility and access to cash as needed. As a (RLC) Revolving Line of Credit, more financing becomes available as the business pays down its balance.Mandatory Loan Requirement: 600-650 FICO Score or higher.
A business must have been in business for no less than two years. A Business/Commercial Line of Credit allows businesses to borrow funds up to the amount of their working capital. For Business/Commercial Lines of Credit Lenders use no hard credit pulls, only soft pulls when they check for credit eligibility, thus doing this without affecting any credit score.

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Business Term Financing-How It Works!

Alternative Commercial Finance, Business Term Financing /

Business Term Loans are standard debt financing having standard payments with a maturity and amortization schedule. Business Term Loans are typically collateralized using the assets (Real Estate, Raw Land, Equipment, Accounts Receivable or Cash Flow) of the borrowing business. The financing process takes between thirty to ninety days with banks or credit unions, yet fortunately non-bank lenders can move a business from the lending application to funding/financing within twenty-four hours.

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