So, What exactly is a Business Line Of Credit?
A revolving business Line Of Credit (LOC) gives you the opportunity to draw funds as you need them, up to the available credit limit. As you repay the money drawn, the money becomes available for you to use again, and you only pay interest on the funds that you withdraw.
Do You Qualify? Let’s See…
- Have you been in business for 1 year or more?
- Is your personal FICO Score 550 or higher?
- Are you generating $15,000 in monthly revenue?
If the answer is ‘YES’ to all of the above, then you are almost home.
All that’s left to do is to complete the application with David Allen Capital and you can have an answer in 24 hours or less.