Unsecured Commercial Lines of Credit are for working capital for new and existing businesses.

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Program Details:

Loan Amount: Up to $75,000 for start-up businesses
                         Up to $250,000 for existing businesses

Credit Score: 720+

Utilization: < 30%

Credit History: 8 + years

Interest Rates: As low as 0.00% for the first six to twelve months
                        8.99% to 17.99% after the first six to twelve months

 

Program Benefits:

• Help’s start-up businesses secure the money they needed.

• There are no restrictions on the use of funds. Generally used for marketing, working capital, expansion, travel, purchase inventory, etc.

• Great for establishing business credit.

• They don’t report to personal bureaus.

• Future lines of credit increases.

• There isn’t a term to this line of credit.