A business line of credit is a type of financing that provides businesses with access to a pre-approved amount of funds that they can draw from as needed. It works similar to a credit card, but with higher credit limits and lower interest rates.
We provide access to capital with same-day funding options.
You pay interest only on the funds you borrow.
When you pay your balance on time, those funds become available again.
• Up to $250,000 Line of Credit
• Each Payment Frees Up Additional Available Funds
Access the funds you need right away.
• 1 Year Time in Business
• 600 Minimum FICO
Customers have questions, give us a call today at 832.930.8484.
A business line of credit can be a useful financial tool for small businesses that need to manage their cash flow, cover short-term expenses, or take advantage of unexpected opportunities. Unlike a traditional loan, which provides a lump sum of cash that must be repaid over a set period of time, a business line of credit allows businesses to borrow only the amount they need, when they need it. The interest is only charged on the amount borrowed, not on the entire credit limit.
A business line of credit can be either secured or unsecured, and may be offered by banks or alternative lenders. The terms and conditions of the line of credit, including the interest rate and credit limit, can vary depending on the lender, the borrower's creditworthiness, and the purpose of the loan.
It's important to carefully evaluate the terms and conditions of any financing options, including a business line of credit, before committing to a particular product. Factors to consider may include interest rates, fees, credit limits, repayment terms, and the lender's reputation and track record.
FinTech Capital Management
FINTECH CAPITAL MANAGEMENT
3303 Cypress Creek Parkway, Houston TX 77068
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