Avoid Putting Up Collateral With Unsecured Business Lines of Credit
With a good credit profile, your business can qualify for unsecured business lines of credit. This is one form of financing Impact Commercial Capital specializes in. Many business owners prefer it if they can get it because it does not involve any collateral, and the amount you qualify for varies depending on several pertinent factors, such as profitability and your business’ FICO score.
Both Startup and Established Businesses Can Benefit
All startup companies should have a line of credit. They may not have the largest line available, but it does help to have something to fall back on. Your business may not have an established revenue stream yet, but you can still acquire financing between $25,000 and $50,000, which helps when your business is in a pinch.
More established businesses can qualify for unsecured business lines of credit between $1 million and $10 million. Businesses with steady profits can attain 0 percent introductory offers and no subprime loans.
Any Business Owner Should Get in Touch Today
You should not go one day longer without a line of credit available. You can see if you pre-qualify in as little as 10 minutes. You should speak to one of our representatives to see if this form of financing is right for your company’s needs.