A traditional line of credit, generally from a major bank. This is suited for our more established clients, with excellent credit ratings, and strong business financials.
We will set these businesses up with one of our partner banks to establish a long term line of credit, which they can access funds as they need it.
The process can take a few months to set up, however once it is set up, the funds can be accessed instantly by the business owner as they need it.
The interest is only charged during as the money is taken out of the line and is generally the lowest interest rate available.