To qualify for our line of credit, you must meet the following requirements:
- Your business must be a Corporation or LLC
- FICO score of 600+
- 6+ Months in Business
- $10,000 per month in revenue or $120,000 annually
- No bankruptcies within one year
Please note, these are the minimum requirements. Meeting these requirements will not guarantee approval.
The line of credit can have one of two payment terms, 26 weeks or 12 months. For the former, all draws are repaid in 26 weekly installments. For the latter, all draws are repaid in 12 monthly installments. Our underwriting team will automatically review you for both terms and provide an offer for whatever product you qualify for.