Private Business Line of Credit

A private line of credit is an alternative financing option provided outside of traditional bank offerings. It allows businesses to access funds flexibly, similar to a credit card, where you only pay interest on the amount you use. It’s especially useful for businesses that may not meet the stringent requirements set by banks.

Our private lines of credit are designed to be accessible, requiring a minimum credit score of 550. This is significantly lower than most bank lines of credit, which typically require higher scores.

One of the major advantages of our private lines of credit is the speed of access to funds. Once approved, you can typically access your funds much faster than traditional bank lines of credit, often within a few business days.

You can use the line of credit for a variety of business needs, such as expanding your operations, purchasing inventory, managing cash flow during slow seasons, or covering unexpected expenses. The flexibility of usage is one of the key benefits of our private lines of credit.

While we strive to support a wide range of businesses, certain high-risk industries or those with frequent financial instability may be subject to additional scrutiny or may not qualify. Please contact us directly to discuss your specific industry and needs.

Our repayment terms are designed to offer flexibility and ease the burden on your business operations. You’ll typically have the option to make interest-only payments during the initial draw period, followed by principal and interest payments once you begin to pay down the borrowed amount. Specific terms can vary, so we encourage discussing your particular circumstances with us.