Unsecured Business Lines of Credit
We are proud to provide unsecured lines of credit to qualifying individuals and businesses of all sizes. Our credit amounts vary and that is because we custom tailor our program to fit your specific financial needs. Our lines of credit do not require any collateral, and can include smaller business credit card options to lines of credit for individuals up to $500,000.
The Credit Requirement
Because an unsecured line of credit is a bigger risk for the lender, it does require you to have excellent credit. However, with options of both a line of credit or a credit card, there are many opportunities available for you to qualify.
Please keep in mind that how much credit you are able to qualify for depends on several different factors including your current credit profile as well as the size and profitability of your business. For example, if you have a new business and yet to establish revenues but have a solid credit profile, you may be eligible to receive anywhere from $25,000 to $100,000. However, if your business has annual revenues between $1,000,000 and $10,000,000, you may qualify for up to $500,000 in credit.
When you work with us, you won’t get anything less than a prime offer. We’ve simplified our process so that you’ll either be approved for an excellent rate or not approved at all. Our rates range between 0% introductory offers to 1-5% over prime for larger lines of credit.
Getting an unsecured line of credit could help your business in many ways. Contact us today to learn more.