11 Reasons Why Unsecured Business Lines of Credit Could Be Your Best Friend or Salvation!
1. You're a Start Up Business or New Business
2. No Cash Flow on Potential Business or Property
3. Purchase Price is Too Low
4. Strapped for Cash
5. Financial Growing Pains
6. No Personal Assets Required
7. No Hidden Fees
8. You're in a Hurry
9. 0% Interest Rate for 6-12 Months
10. Debt Income Ratio is Unaffected
11. You Just Registered Your Business & You Need Cash
Get Cash for Your Business Without Collateral
Start-Ups are welcome, there’s no proof of financials, no upfront fees, and no personal reporting.
What is an Unsecured Business Line of Credit?
A business line of credit that is issued and supported only by the borrower’s creditworthiness, rather than by a type of collateral, is known as an unsecured business line of credit. This means the line of credit is not secured against any of your assets.
Traditional lenders probably want you to use your home, car, or some other type of asset to qualify for a line of credit. Of course, this means if you default on your line of credit, you lose that asset. But what if you don’t have the collateral necessary to secure a line of credit? An Unsecured Business Line of Credit becomes a viable option to get you the financing you need to help your grow your business and prosper for years to come.
Your eligibility is determined by two factors: your credit rating and your legal entity. That’s it!
Get approved for unsecured business lines of credit with a 0% interest rate for 6-12 months.
No Hidden Fees
What you see is what you get. You won’t find any hidden fees or pre-payment penalties.
Fast & Easy
Fill out our short online application or call 800-975-1691 today! You’ll get approved in 1-7 business days.
2 Simple Requirements
700+ personal credit score in all 3 bureaus (co-signers accepted) and must have a legal entity (s-corp, c-corp, inc, LLC).