Approval Amount: $10k-$2M
Repayment Structure: Weekly or Montly
Term Length: 6 Months to 5 Years
Interest Rate: 3%-25%
Time to Funding: 1-2 Days
Pros:
Cons:
A Line of Credit for your business gives you accesss to a set amount of capital that can be drawn upon when needed. Many lines keep a revolving balance and you only pay for what you use.