What is a business line of credit and how does it work?
Article Index
- 1 What is a business line of credit and how does it work?
- 2 Looking For The Best Line of Credit?
- 3 Do I Qualify For A Line Of Credit?
- 4 What’s needed to apply:
- 5 Top Ways to Use a Line of Credit
- 6
- 7 Buy Inventory
- 8
- 9 Cover Payroll
- 10
- 11 Bridge Cash Flow Gaps
- 12
- 13 Market Your Business
- 14 We're Waiting For Your Application!
- 15 We love this company
- 16 Great company and great guys that helped me
- 17 Excellence!!
- 18 Great customer service from Remo
- 19 Great guys
- 20 Amazing Help When I Felt Lost
- 21 The best customer service
- 22 Funding advice
- 23 The best customer service
- 24 Excellence Service
A line of credit is one of the most flexible business funding options on the market.
With a business line of credit, you receive a credit line of a specified amount, and you can draw funds at any amount up to your limit. You’ll only need to pay back the funds you draw and you only accrue interest on those funds.
A business line of credit is a great financing option to support your cash flow, purchase inventory, or upgrade equipment.
Do I Qualify For A Line Of Credit?
- 680+ Fico Credit Score
- $25,000+ annual revenue
- 6+ months time in business
What’s needed to apply:
- PBC application
- 4 months of business bank statements
- Recent credit report
- Most recent business and personal tax return
Top Ways to Use a Line of Credit
Buy Inventory
Cover Payroll
Bridge Cash Flow Gaps
Market Your Business
Apply now or give us a call at (800) 508-4532 for more information about how we can help you get the small business funding you need.
We love this company
We love this company working with Rean and his wonderful staff made it easy the funds were always there just at the right time.
Great company and great guys that helped me
Great company to work with they do there and get your funds !!! They’re 100% real hard worker’s
Excellence!!
I dealt with Remo…he was so awesome! Helped me get a much needed loan as quickly as possible…helped me out through each step…He is just a great rep! Thank you so much!!
Great customer service from Remo
Remo was excellent and very helpful doing the whole process. He’s a man of his word and does a very good job at getting you funded. Keeps in touch doing the whole process and is very,very responsive to calls and messages.
Thanks Remo for a job well done 👍
Great guys
Remo was the best answered all questions and got funded the same day everything he said he stood behind great guy
Amazing Help When I Felt Lost
I was caught in this terrible stressful scenario with a lapse in car insurance, and suspended license….the whole nine yards. I was barely making ends meet as it was. I called Progressive, and Sue helped me get a quote. Not only was the quote lower than my previous insurance, she went to lengths to review my policy and laws in my state. She stayed on the phone with me for an hour, didn’t demand my decision. She was patient and understanding of how stressful my situation was. I bought the policy, and she was so clear and easy to talk to. If you ever are blessed to talk to Sue, you are very lucky. I was on the verge of tears when I called, and when I hung up I felt like a weight had been lifted. Thank you, Sue <3
The best customer service
Remo is always there for me when I need him. I even text him on his day off and he replied right away. Thanks Remo for your help
Funding advice
Remo is the person to working with and helpful best answer all questions and got funded same day.
The best customer service
Remo Leone is the best customer care . He is always there whenever I need him to get a fund for my business. He always make sure I am happy of what I get and I am very happy . Thanks Remo for all your help . Kim
Excellence Service
I was having very good interaction with Remo for the service. He has done great job for my work completion. He worked very hard to get the work done. He is a great person to work with him.