Line of Credit

Our Line of Credit program is designed for businesses that need working capital on an as-need basis. It is ideal for manufacturers, wholesalers, distributors, contractors and other service providers. A line of credit is also well suited for businesses with an open advance, as it provides working capital independently of any open contracts. This unique program gives businesses the opportunity to access to working capital based upon their cash flow and not traditional metrics like asset/collateral coverage and their personal credit score.

Like a Business Cash Advance, this product is not a loan but the purchase of future receivables. Leverage future cash flow to obtain the working capital you need today to grow. Financing is based on the amount of cash flow through the businesses operating accounts and repayment is made by automated electronic debits (ACH debit) over a specified term typically between 3 to 6 months. The process is automated, so you can focus on running your business!

This program is customizable to meet any working capital requirements, as it’s funding amount, repayment terms, and repayment period are all variable depending on the business’s needs.

You can draw as little as $5,000 or as much as $250,000 in working capital with our line of credit option. Daily payments are based on the amount disbursed and the remaining balance can be drawn at any time with a 24-hour notice.