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Business Line of Credit

A flexible credit line, usually with a bank or other financial institution, which can be used for any purpose up to the maximum loan balance.
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Loan Amount

Up to $2,000,000

Term

6-36 months

Time to Funding

24-48 hours

Business Line of Credit

A flexible credit line, usually with a bank or other financial institution, which can be used for any purpose up to the maximum loan balance. Not to be confused with business credit cards, business lines of credit often have lower interest rates, fewer fees, and more flexible payment options.

Examples:

  • Cover business expenses while awaiting payment for products or services rendered
  • Purchase of inventory prior to an anticipated busy season
  • Fewer fees, flexible payment options, pay only on what you draw, no restrictions on usage.
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