Business credit lines
Flexible capital when your business needs it—inventory, seasonal gaps, and growth between invoices.
Line of credit benefits
- Applying is free and will not impact your credit score.
- Credit becomes available after every repayment.
- No front-loaded interest—simple interest accrued by the day.
- Credit limits up to $250,000.
- Low payments with terms up to 18 months.
- Quick application / same or next day approvals.
- Pay only for what you use from your credit line.
- No pre-payment penalties.
- Withdraw funds as you need them without needing to apply again.
Uses for business revolving lines of credit
Whether your company experiences seasonal highs and lows or has gaps between completed service and payment, a revolving line of credit can assist. For example, if you receive a large influx of orders and need to purchase inventory, a revolving line of credit allows you to do so.
Major benefits
- Readily available funds — Money available whenever you need it, up to your existing line.
- Your finances are secure — Unlike many credit cards, revolving lines can be secured based on equipment, inventory, and other assets.
- Lower interest rates — Pay off draws early to lower interest costs.
To learn more, contact the Credit Global team today at sales@creditglobal.com.