SIGNATURE LINE OF CREDIT

Our SIGNATURE revolving bank line of credit, available from $10,000 up to $1,000,000 with terms up to 3 years, provides access to funds up to your credit limit. Pay interest only on the money you actually borrow!
This is a flexible and typically unsecured way to borrow, whether for cash flow, expansion, renovations, purchases of inventory or equipment.
An average SIGNATURE loan size is up to 5 times larger and repayment terms are 3 times longer than a Merchant cash Advance.
The initial line can be approved in 48 hours, with access to multiple, separate loan drafts after that!
Combine a Business Line of Credit with the Flex Pay Loan and you can defer up to 50% of the principal into the future for more affordable payments now, and pay it back when the time is right.

Benefits:

Draw funds as needed; up to 3 year amortization, resulting in low weekly payments
Pay off or pay down without penalty
Interest is tax deductible
Typically no collateral required for under $500k
No tax returns or financials required to apply
These larger loan amounts and longer terms have managebale payments without interfering with cash flow.
Can pay off and replace 2 short term loans

Requirements:

3 months in business for preferred industries; 1 year for others
$20k+ average or projected monthly revenue
Some limits to industry types
Minimum 600 FICO score for owner(s)

Best for:

Businesses without access to bank loans, or to supplement to their existing bank loans.
Newer or established businesses needing cash flow assistance.
Improving cash flow, especially during peak seasons
Cash flow for expansion or to meet increasing demand