Business Line of Credit
A business line of credit is a flexible loan that works like a credit card for your business. You are approved for a certain credit limit and can borrow from it as needed, paying interest only on the amount you use. As you pay back the money, the funds become available for you to borrow again.
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What is a Business Line of Credit?
A business line of credit is a flexible financing option that lets a business borrow money as needed, up to a set limit. Unlike a regular loan, you only pay interest on the money you actually use, and as you repay it, the funds become available to borrow again.
10 Reasons Why 24HourFunding Offers
the Best Small Business Financing
What You Need To Get Started
Minimum Qualifications
No Minimum Credit Score
At Least 6 Months in Business
$25,000 in Monthly Revenue
What You Need To Apply
Basic information about your business
6 months of business bank statements