Line of Credit
Line of Credit
Line of Credit (LOC) is the ideal funding product for most businesses and entrepreneurs with higher credit profiles. Businesses can use this Revolving Line to draw from at any time to use for expenses, equipment, hiring or growth needs. It can pair with your business well and provide cash flow in immediate needs.
- Free search feature
- No obligation
- No impact on credit score to search rates
- Quick online decision
- Receive funds quickly and easily
Minimum Qualifications
- 1 Year Time in Business
- 650-700+ Fico score
- $10,000 a month in revenue
What You Need
- Application
- Last 3 months of business bank statements
- Last 3 months of credit card statements (if applicable)
Loan Parameters
- Loan amount from $10,000 to $250,000
- Terms from 6, 12 to 24 months Revolving line
- Rates from 6% to 24% based on financials
- Funding timeline is 1-3 business days
Save time and money.
Get exactly what you need from one trusted partner.
Northwood Business Partners has the experience to partner with you every step of the way to get total financing coverage for your business needs.