Business Line of Credit

Business Line of Credit

Flexibility and Peace of Mind Bundled into One

Get ongoing access to funds up to a maximum credit limit and only pay interest on the amount you draw.

Loan advance maximum Amount

Loan Amount

$5,000 to over $1 Million

Interest Rate

Interest Rate

7% to 25%

Repayment Frequency

Term Length

6 months to 5 years

Processing Time to Fund

Time to Fund

As fast as 1 day

Pros

  • Capital available for use when needed
  • Only pay interest on what you draw
  • Great way to build credit
  • Can address a wide range of business purposes

Cons

  • higher rates for lower credit scores
  • may need to provide updated documents upon each draw
  • may require collateral

Compare to other loan types

Loan types Max amount Interest rate Speed
Business Line of Credit $5K to over $1M 7% – 25% As fast as 1 day
SBA Loan $5K – $5M Starting at 7.75% As fast as 2 weeks
Business Term Loan $25K to $500K 7 – 30% As fast as 2 days
Invoice Financing Up to 100% of invoice value Roughly. 3% + % per week outstanding As little as 1 day
Equipment Financing Up to 100% of equipment value 7% – 30% As fast as 2 days
Short-Term Business Loan $2.5K – $250K Starting at 10% As fast as 1 day
Merchant Cash Advance $5K to $500,000 As low as 1.15 As fast as 1 day
Business Line of Credit

A flexible cushion that’s ready – even when you’re not!

Surprises happen, but it doesn’t mean you can’t be prepared.

With a revolving business line of credit, you can get ongoing access to funds, pay interest only on what you use, and save on interest by paying off early.

It’s there if you need it, replenishes when paid down, and you’re under no obligation to use it.

So the next time something unexpected comes along, just know that you can have a safety net available to bridge the gap.

Minimum Qualifications

annual revenue

Annual Revenue

$100,000

credit score

Credit Score

550+

time in business

Time in Business

6 months+

Minimum Documents Needed to Qualify

  • Business Bank Statements

Ready to See your Options?

It’s free to apply and it won’t impact your credit

Liquidus Funding LLC, Business Services, Los Angeles, CA