Term Loan
A fixed sum for a decision you have already made.
- Loan amount
- $20K – $1M
- Interest rate
- As low as 6%
Financing
A limit that waits until you need it.
Line of credit
A line of credit is an approved amount you can draw on at any time and are never obliged to touch. You pay interest only on what you have actually drawn, and you can repay and redraw as often as you like.
For an essential business it is the thing that turns an emergency into an errand. The freezer that fails on a Friday, the van off the road, the supplier who wants paying before the customer pays you.
What it suits
The application
About two minutes, no application fee, and no effect on your credit. If nothing suits you, nothing happens.
Rather talk to somebody first? (866) 207-0572.
Six ways to fund the work
A fixed sum for a decision you have already made.
A year or less, for something with an end in sight.
For the kit the work depends on.
For payroll, stock and the wait to be paid.
A limit that waits until you need it.
Decided on your takings, not your credit score.