This option is used when the client either has excellent personal credit or prefer to use business credit only to secure financing. The lenders take only the clients credit history in account when making a lending decision.To qualify you must have 2-3 credit card trade lines with $5,000 plus credit limit. All credit limits must be under 40% extended.
Requirements
- Standard Loan Range – $25,000 – $150,000
- Loan type -Card Line of Credit
- Turnaround- 10 Business Days
- Pre-approval – 24 hours
- Credit score – 680 – 700
- New Start-ups Welcome
- Free Accounting , MBA Consult and Legal Support
- Points- 12 points
- Origination Fee 295.00 after approval