Business Line of Credit

Get Flexible financing with a Line of Credit

Looking for truly flexible financing? Then you are looking for a business line of credit. There if you need it, and under no obligation to use it, a business line of credit is the ideal safety need for your business. Available for any business need, you only pay interest on the portion you use and never on the full amount. In other words, this is the safety net you want, with the flexibility your business needs.

Customer Support

(800) 484-0410

About Business Line of Credit

Your business line of credit is the most flexible form of financing available to you today.  Use it for just about any business cost; hiring staff, marketing costs, equipment, inventory, expansion, working capital, paying invoices, upgrading uniforms, and much more.

Another fabulous part about a business line of credit is that its revolving.  That means you can use it as many times as you want.  As soon as you repay what you have used, those new funds become available to you right away!

Overview
  • Loan Amount: $5,000-$500,000
  • Term: 1-2 years
  • Approval: 1-3 days
  • Rates: 8-24 %

Getting approved for a business line of credit is typically simple and straight forward, but there are some minimum requirements you should know about before getting started.

Time in Business At least 6 months
Monthly Revenue Min. $10,000 in deposits
Credit Score 580+

Documentation

 

  • Signed Launchpad Lending Application.
  • Bank statement.
  • Copy of Driver's Licence.
  • Business Tax Returns.
  • Voided Business Check.
  • Balance Sheet.

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