Contact us to learn more about a Line of Credit

Call us at (212) 931-6858 to speak to a loan specialist today.

Revolving line of credit for instant access to funds

1

How funding works

  • A business making more than £20,000 with owner(s) Credit Score above a 600 is provided with a revolving Line of Credit (LOC) at low rates
  • Rate range: 4.8%-24.99%
  • LOC is paid on a consistent predetermined schedule (weekly or monthly)
  • LOC terms are 6, 12, or 18 months
  • More funds are available to draw as the principal is paid down
  • Credit lines up to £250,000
  • Approvals are extremely fast, and the credit limit can increase as long as there is a good repayment history

2

Rates are based on

  • Credit score and profile
  • Time in business
  • Monthly revenue
  • Industry

3

Required documents

  • 3-6 months of recent bank statements or securely linking the business bank account
  • Application with basic details about the business and merchant
  • Driver’s license
  • Voided check
  • Proof of Address

4

Ask Yourself

  • Do you have any existing debt on your balance sheet? If yes, what are the balances owed and who are the balances owed to?
  • Do you anticipate needing funding anytime in the next 12 months?
  • What do you intend to do with the funds from a line of credit?

5

Good to know

  • Why not set up a line of credit now for a rainy day as you wont be paying anything until you draw from it
  • Repayment can be made on a weekly or monthly basis
  • Great option for business owners with a 600+ FICO score and grossing at least £20,000 per month


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Credit Servicing

Provides unsecured working capital to small business owners on future credit card sales.

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Our Financial Solutions and Business Services support our clients as they stay competitive and grow to keep our nation’s economy alive.

Accelerate the growth of your business

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100

Specialists

Over 100 funding specialists to keep you going

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Financing options

15 financing options and small business products

£2M

Funding up to

Unsecured funding up to £2,000,000

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Hours

Get funding in 48 hours

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