What is a business credit line and how does it work?
A line of business credit is a fixed amount of money you can use when you need it to meet short-term business needs. A revolving loan with access to capital. A line of business credit covers recurring business expenses Orit is the best financing option when you need additional working capital to close the cash flow gap. for funds With continuous access, you can withdraw only what you need when you need it and pay only for what you use. There is flexibility. So, you can be prepared for any challenge and opportunity.
7BC Business Credit Line Benefits
Line of Credit $6,000 - $150,000
withdraw as much as you need Pay freely for what you use
Interest is paid only on the funds withdrawn
Focus on growing your business
Versatile, flexible and adaptable, the Business Line of Credit is designed to finance virtually any business purpose, including
-
Off-season cost
- Securing operating funds in case of emergency
-
Buy more inventory
-
Business upgrade