Business Line of Credit
A business line of credit is a typical loan where a business owner can access funds when they need to rather than receive a lump sum that a standard term loan would provide.
Revolving line
Credit line replenishes with repayments
Pay for what you use
No maintenance or prepayment fees
Instant funding
Draw funds easily on demand
What are the advantages of a
business line of credit?
With traditional small business loans, payments are required every month in addition to interest. Payments are required immediately after funds are distributed, even if the business owner has yet to make use of the borrowed capital. With a small Business Line of Credit, minimum payments are required only when the capital is used.
A small Business Line of Credit is the ideal solution for unexpected calamities or daring opportunities. A Business Line of Credit can act as a cash cushion and allow for the smooth running of any company.
Business Line of Credit Qualifications:
Time in Business
6 months +
Annual Revenue
$120,000 +
Credit Score
600 +
Business Line of Credit Highlights:
Fast Biz Funding enables the communities we serve to achieve their financial success by understanding their needs and implementing tailored funding solutions. Together we can bring your business dreams to reality.
