Unsecured Bank Line of Credit

The Flexible Solution For Today’s Business Owners

The Smart Choice in Business Financing

Successful business owners are the most nimble, and a Line of Credit gives you the flexibility to act fast. When the window of opportunity opens, you’ll be ready to maximize your advantage. Our Line of Credit quickly puts up to $750,000 at your disposal. The initial line can be approved online in minutes with 24-hour access to drafts after that.

Whether it’s an expansion project, renovations or purchasing new equipment, there is no need to wait! With this type of financing, a few keystrokes are all it takes to access up to five separate loan drafts over a 6-month period. You will enjoy the freedom of drawing funds as needed, paying interest only on the money you take.

It Pays to Be Prepared

Even without an immediate need, small business owners are establishing lines of credit now. Being prepared is smart. Owners know opportunities or issues can arise quickly and having working capital allows them to be ready for the unexpected.

Unique Features and Benefits

• Amounts up to $750,000 with no collateral required
• No collateral is required
• All loans come with a no fee line of credit
• Interest-only options available
• Up to 100% principal deferral
• Access 5 separate loan drafts over a 6-month period
• Online or faxable drafts for ease of submission
• No application, maintenance or access fees
• No tax returns or financials on amounts up to $450,000
• A low document, streamlined process
• Instant online approvals and funding in 3 – 5 business days
• Early pay off options are available
• Less than perfect credit is not a barrier
• Interest is tax deductible
• Repayment is not tied to credit card transactions
• Terms from 12 to 24 months

You Qualify For This Unsecured Bank Line of Credit If

• Minimum 12 months’ time in business (same ownership, concept, and location)
• Minimum monthly revenue of $17,000 last 3 months and at least $200,000 annual sales revenue
• Guarantor (borrower) has a FICO credit score of 551 or higher
• Guarantor (borrower) owns a home and is current on mortgage (beneficial but not required)
• Guarantor (borrower) has NOT filed bankruptcy in the last year (beneficial but not required)