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
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.
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