Looking for a Business Line of Credit?

How much are you looking for?
Loan Amount
Time to Receive Funding
Minimum FICO
Length of Business
Business Revenue
Term
KashFly
$20,000 – $1,000,000
24-48 hours
650
6+ months
$15,000+/month
Up to 24 months
Lender Average
$2,000 – $250,000
3-5 Business days
600
12+ months
$50,000/year minimum
Up to 36 months
5%
Interest Rate Range
Up to 24 months
Term
$10K-$3M
Loan Amount
24-48 hours
Time to Receive Funding
- What is a Business Line of Credit?
A type of business loan that gives a business the flexibility and accessibility to funds without the various hassles or costs that come with many of the other financing options. This is a flexible credline that can be used for any purpose up to the maximum loan balance, much like a cash advance with nuances thrown in. This line of credit can be used for seasonal business expenses, bridging cash flow gaps, or as a rainy day fund to help cover any unexpected expenses or opportunities you might face as a business. You only pay interest on the portions of credit that you borrow and not the full credit limit. Business lines of credit are perfectly-suited for business-owners in growth mode or who would like to have a revolving source of income.
Qualifications
$10,000 – $3,000,000
Loan Amount
- 6+ months in business
- Credit Score of 650+
- Monthly revenue of $15K+

Pros and Con of a Business Line of Credit
- A good credit building tool
- Draws funds immediately
- Can be used for a variety of purposes
- Higher interest rates with lower credit
- Might require collateral
- Lender can close the line of credit at any time