When you or your company needs cash to cover impending expenses, you don’t have time to go through the business loan applications that takes days or weeks sometimes.
When you have a line of credit in place providing access to a guaranteed amount of money any time you need it. Which gives you a piece of mind at the time you need it. If you routinely require small amounts of money to keep your business going rather than large lump sums for occasional expensive purchases, a business or a personal line of credit could be the right fit for you.
Unsecured Line Of Credit is much easier to get than the secured line of credit most of the time due to less requirements, no income verification and no collateral needed.
Basics About Line Of Credits
Lines of credit are similar to credit cards in the way the money is accessed. If you qualify for this type of loan, you can expect:
- A set amount of money to borrow against
- Flexibility to borrow as much as you need at any time
- Monthly payments calculated based on how much was borrowed
- Variable interest rates
- No closing costs
Contact Us to let us know your situation briefly and how much you need, we will match you with one of our lending sources to get you going asap.