What is a Line of Credit?

when your small business needs to maximize cash flow a line of credit might be the solution.

Working capital financing is designed to bridge cash flow needs for small business owners. Terms typically range from 3 to 24 months. Payments may be daily, weekly, or monthly and can be fixed or tied to the ebb and flow of your business revenue.

For example, if your company has had a large purchase order, you need to pay for product to fulfill it. You’ll get that money back from a retailer when your product sells. But as a small business, how do you stay up and running, covering your expenses like payroll, rent and supplies, while you wait?

A similar problem arises for doctors and dentists. You provide a service typically covered by insurance. But insurance companies take time to pay. You might need a working capital loan to keep the lights on while you wait for the insurance company to cut your office a check.

Working capital financing is designed to bridge cash flow needs for small business owners. Terms typically range from 3 to 24 months. Payments may be daily, weekly, or monthly and can be fixed or tied to the ebb and flow of your business revenue.

For example, if your company has had a large purchase order, you need to pay for product to fulfill it. You’ll get that money back from a retailer when your product sells. But as a small business, how do you stay up and running, covering your expenses like payroll, rent and supplies, while you wait?

A similar problem arises for doctors and dentists. You provide a service typically covered by insurance. But insurance companies take time to pay. You might need a working capital loan to keep the lights on while you wait for the insurance company to cut your office a check.

Funds On Demand

No matter your business's needs, you can access the funds from your line of credit wherever and whenever at the press of a button..

No Hidden Fees

Have peace of mind while you pay only for what you use. No prepayment, no maintenance costs, and no closure fees.

Revolving Line of Credit

Your line of credit is replenished as soon as you make repayments, helping you keep funds on hand for any occasion.

Scaling Credit

No matter where your business is at, there's a line of credit for you. Need to upscale or downsize? There's a line for any business, at any size, at any timmobile fotere..