Many entrepreneurs understand the pain of utilizing their own credit to fund their business. As a matter of fact, most of our bad credit equipment leasing customers once had a superb credit history!
They financed their company using their personal credit score and when things got a little lean, their personal credit suffer. Now, they need financing yet only subprime banks will take the chance on them.
We can help business owners build credit score with their BUSINES NAME – $25,000 – $150,000 Business Line of Credit
What is an Unsecured Business Line of Credit?
An unsecured business line of credit is a debt financing alternative that offers a revolving credit limit however does not require you to offer up collateral to secure that revolving credit line. Due to the fact that unsecured lines of credit will not need collateral, they will normally come with higher prices, shorter payment terms, and lower credit limits.
An unsecured business line of credit works specifically the same as a normal revolving business line of credit. You get an optimum amount that you can draw any amount from at any time, and also pay off when and just how much you see fit. With an unsecured business line of credit, you only pay for exactly the amounts you use.
Why it is very important to build company credit scores.
– Separates your personal finances from your company
– No collateral needed
– More banks are looking at your business AND personal credit scores
FREE Business Credit and Loan Consultation
Enter your information for your no-cost business credit & loan consultation! (Value $199)