top of page

Lines of Credit

A line of credit gives you access to funds up to your credit limit which can be borrowed and paid back multiple times while only paying interest on the money you borrow. This is a flexible and typically unsecured way to borrow money for seasonal businesses or businesses that need help managing cash flow or handling unexpected expenses.

​

Pros:

  • Flexible borrowing

  • Typically no collateral require

Cons:

  • May have maintenance fee or withdrawal fee

  • Good credit and cinsistent revenue required

Best for:

  • Short-term needs

  • Seasonal business to manage cash flow

Lines of Credit: Text

Short-Term Loans

Short-term loans allow for very fast funding so you get a lump sum of cash with a predetermined payment term. Payment is usually made daily, weekly or bi-weekly. The short term loan is best for business with high and consistent sales that are in need of quick unsecured cash to use however you need.

​

Pros:

  • Fast Capital in as little as 24 hours

  • Unsecured

  • Easy approval process

  • Little documentation needed

Cons:

  • Cost of borrow ing can be more

Best for:

  • Businesses that have high and consistent sales and bank deposits

  • Businesses that need financing right away

Lines of Credit: Text
bottom of page