Small business lines of credit are a great tool to help small businesses save money. The costs associated are not comparable to the closing cost of a standard business loan, which is typically secured with personal assets and very time consuming to expedite. Small business lines of credit are quick and economical. The borrower should have strong tax returns and a solid business model. Consider a line of credit to help expand your business
AVAILABLE BUSINESS LINES OF CREDIT:
$50,000 – $500,000
Secured / Unsecured
WHO IS THE TYPICAL APPLICANT:
Event Planners
Florist
General Contractors
Graphic Design Companies
Import/Export Companies
License Professions
Property Managers
Real Estate Sales Companies
Restaurant/Bar Owners
REQUIREMENTS FOR SUBMISSION:
Articles of Incorporation
Business Checking or Savings
Credit Report
Credit Score above 700
Tax ID Certificate
Tax Returns: 2 years business
Tax Returns: 2 years personal
Years in Business: 2
