Business Lines of Credit
We provide access to strategic business capital for blue collar service industries. We take a hands on approach focused on increasing your bottom line through correct capital funding.
Lines of Credit
A business line of credit is a flexible financing option that allows businesses to access funds as needed, up to a predetermined limit. Unlike term loans, you only pay interest on the amount you draw, making it a cost-effective solution for managing cash flow, covering unexpected expenses, or funding short-term projects.
Business lines of credit are ideal for businesses needing flexible, short-term financing for purposes like purchasing inventory or managing seasonal fluctuations. Secure a business line of credit today to maintain financial flexibility and keep operations running smoothly.
The interest rates for business lines of credit and term loans can vary depending on several factors, including your business's creditworthiness, the type of financing, loan amount, and repayment terms. Typically, business lines of credit have variable rates that range between 5% and 20%, while term loans often have fixed rates ranging from 6% to 25%. To get an accurate rate tailored to your business, it's best to request a quote.