top of page
WORKING LINE OF CREDIT VS LOAN.jpg

LINE OF CREDIT

Wondering if you qualify for our line of credit? The answer is yes if you meet the following criteria:

  • FICO 601

  • Brick-and-mortar location

  • Company checking account

  • Company EIN

  • Operating business for one month. Minimum gross revenue of $200,000/yr. ($17,000/mo.) 

  • For example,  if THIS LOC IS FOR AN acquisition of a new business and the new owner (borrower) has not operated for more than 30 days, the borrower's existing business must qualify. There are alternatives to handle this situation> LEARN MORE

  •  

    • This income must be supported by deposits into the business's bank account (not Personal Account)​

Under special situations, a FICO of 551 + 1 month in business is considered. Let's discuss your unique situation and find the best solution for you.

bottom of page