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Line of Credit - Working Capital
Loan Criteria
Business Line of Credit
Working Capital and Commercial real estate
Term:
6,12 or 18 Months
Time In Business:
1 Year
Amounts:
$10,000-$250,000
Repayment
Weekly
Minimum Draw Amount:
$5000
Minimum FICO Score:
620
Entity Restrictions:
No Sole Proprietorship & Non-Profits
Bankruptcies/Foreclosures:
None in the last 3 years
Minimum Average Bank Balance:
$5,000
Revenue/Monthly Deposits
About
Premier line of credit for investors that maybe looking to close on deals more quickly and without having to go through underwriting process on every deal. This is a great way to have working capital on hand. Other types of working capital include term loans, AR/factoring loans and tern loans.