Business Line of Credit
Dominate your business finances with flair and flexibility!
SmartFund RE brings you the Business Line of Credit (LOC)—your ticket to financial empowerment.
What is a Business Line of Credit?
A Business Line of Credit secures an approved amount that allows you to withdraw funds as needed, up to your limit. It's like having a financial safety net that replenishes as you repay, giving you the power to manage your cash flow on your terms.
How It Works:
Approval and Usage: Once approved for up to $100,000, draw funds whenever you need them. If you're approved for $50,000 but only need $8,000 right now, you can access just that amount.
Interest Only on Amount Used: Pay interest solely on the funds you withdraw—not on the entire approved amount. This means you save on costs by borrowing only what you need, when you need it.
Flexibility to Pre-Pay: Enjoy the freedom to pay off your balance early without penalties. Clearing your balance ahead of schedule saves you money on interest fees.
Program Highlights:
Credit Lines: Available from $5,000 to $100,000 to suit your business needs.
Simple Qualifications: Achieve $15,000+ in monthly sales, maintain a 550+ FICO score, operate a U.S.-based business, and manage minimal NSF/negative days.
Don't Miss Out—Take the Leap….