This business line of credit (BLOC) program is a fast way to get a line of credit for your company. Rather than using personal credit checks, your business data is used to determine how much of a line of credit your business qualifies for in a matter of minutes.
Upon review, you will be provided a line of credit amount that is relevant for your business based on the revenue information in the accounts you provide.
Ways to Use Your Business Line of Credit
- Working capital
- Buy inventory
- Invest in equipment
- Launch a marketing campaign
- Hire additional staff
Benefits of the Business Line of Credit program:
- Lines go from $2,000 – $100,000
- Flexible working capital
- Use anytime; pay only for what you take
- Does not report to personal or business credit reports
- No hidden fees
- No origination fees
- No prepayment penalties
- Ongoing access to cash, 24/7
- No paperwork (100% online)
Minimum Requirements
- One year or more in business.
- Over $50,000 a year in revenue