UNSECURED LINE OF CREDITS FOR MERCHANTS
Unsecured Line Of Credit For Merchants
Does your business have access to funds on short notice? In many instances it can determine the success or failure of your business. Give yourself and your business added financial armor, confidence and flexibility. When opportunity comes knocking or there’s an unexpected expense this line of credit offers 24 hour access to loan drafts. The initial line can be approved in less than a week! Merchants can qualify for line of credit amounts up to $725,000 with no collateral required.
It pays to be prepared.
ADVANTAGES OF THE UNSECURED MERCHANT LINE OF CREDIT
Approvals can be done in less than a week
Typically higher funding amounts than advance companies
Up to $299K funding before financials are required ($150,000 for retail)
Weekly ACH Repayment (no switching processing, no delays in processing)
Better rates for high end customers
It is a loan product so the interest is tax deductible
Fixed terms up to 18 months with low payments
No application, maintenance or access fees
Low documentation, streamlined process
Restaurant/Bar/Nightclub/Hotel/Motel/Catering/Liquor Stores/Ice Cream Shop/Smoothie Shop/Bakery/Coffee Shop -Additional categories now available for “Brick and Mortar” retail
We also offer merchant cash advance and consolidations.
Contact an underwriting specialist today!