A type of funding where a business has access to a set amount of funds that can be borrowed, repaid, and borrowed again.

 

Similar to a credit card, you only pay interest on the portion you use. It's flexible for ongoing needs like inventory, payroll, or unexpected expenses.

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Funds can be accessed as needed. Repayment terms might include minimum payments or interest-only options during certain periods. This credit can be secured or unsecured, influencing the terms and rates.

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Rate: Starting at 1% / month

Requirements: Minimum of 360,000 in annual business revenues and at least a 600 FICO score.

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