Term Loan
A lump sum, a fixed rate, and a date it is paid off.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
Line of credit
Business Line of Credit
Approved once, drawn on whenever.
- Funding amount
- Up to $1M
- Term
- 6 months to 3 years
- Cost
- Starting at 4.5%
- Funding speed
- Within 1–2 days
Line of credit
What a line of credit does
A line of credit is an approved limit you do not have to use. It sits there costing nothing until the day you draw on it, and you pay interest only on what you actually took.
That makes it the right answer to a problem you cannot schedule. The van that goes through a windscreen, the order that lands early, the customer who pays sixty days late for the third time. Businesses that get one rarely go back.
Worth knowing
Before you sign one
- You pay for what you draw, not for the limit
- No obligation to use it at all
- Draw and repay as often as you like
- Worth arranging before you need it, not during
The application
Find out what you qualify for
Two minutes, no fee, and no effect on your credit. If nothing on offer is right for you, nothing happens.
Rather talk to somebody first? (866) 221-5149.
Six kinds of funding
This one, and the five beside it
Short Term Business Loan
For the problem that will not wait until next quarter.
- Funding amount
- $10K – $1M
- Cost
- Beginning at 6%
Equipment Financing
The machine pays for itself while it pays for itself.
- Loan amount
- Up to $250K
- Cost
- As low as 8%
Working Capital
Money for running the business, not for buying a thing.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Line of Credit
Approved once, drawn on whenever.
- Funding amount
- Up to $1M
- Cost
- Starting at 4.5%
Business Cash Advance
Underwritten on your sales, not your credit file.
- Funding amount
- $5K – $500K
- Factor rate
- 10% – 35%