
BUSINESS FINANCING
Business Line of Credit
A revolving line of credit secured by business assets, such as receivables, inventory or equipment. No personal residence pledged as collateral.
See If Your Deal QualifiesProgram Details
- Best For
- Established businesses seeking recurring access to working capital secured by eligible business assets.
- Loan Amounts
- Determined by eligible business assets, cash flow and the selected funding source.
- LTV / LTC
- Based on eligible receivables, inventory or equipment, existing liens and lender advance rates.
- Typical Terms
- Revolving access to capital; renewal, repayment and draw terms quoted after review.
- Property Types
- Business assets only; a personal residence is not pledged as collateral.
- Key Qualifications
- Operating history, business cash flow, eligible collateral and existing obligations.
- Important Requirements
- Business financial statements, bank statements, debt and collateral schedules, and applicable receivables aging or inventory reports. Business liens and any personal guarantee requirements are reviewed before acceptance.
LTV is loan-to-value. LTC is loan-to-cost. ARV is after-repair value. Each applicable limit must be met; advertised maximums are not available for every deal.
Get a current review.
Pricing is based on your property, experience, credit and current market conditions. Apply for a current quote.
Apply NowProgram availability and terms depend on the property, borrower and current underwriting. Maximums are conditional and are not a commitment to lend.