Credit products / Credit line
Money you can reach for the day something breaks.
A credit line sits there until you need it. Draw part of it, pay that part down, and it's there again next time.
- Draw what the week needs, not the whole limit
- See your number without a hard credit pull
Nothing drawn, nothing to pay. An illustration, not an offer.
The cooler dies on a Tuesday.
The money's already there.
No new application and no waiting on a bank. Here's one line over one month.
- TuesdayYou draw $25,000.The repair gets paid and the kitchen stays open.
- The next few weeksYou pay it down.As the month comes in, the balance comes off.
- After thatIt's all there again.What you paid back is ready for the next thing.
An example. Limits, pricing and fees depend on your business.
Open it before
you need it.
The worst time to look for money is the week you need it. A line you set up on a calm day is just there on a bad one.
- Draw what you neednot the whole limit
- Pay on what you usein the example on this page
- Reusablepay it down, draw again
- No hard pullto see your number
No runaround, no fine print games. The terms they said on the phone were the terms I signed.
Questions
Straight answers.
Do I pay for the part I don't use?
In the example on this page you pay only on what you draw. Real pricing and fees are on each offer, and your advisor walks you through it before you sign.
How fast can I draw?
Once a line is open, a draw is usually quick. Timing depends on bank cutoffs.
Does the limit come back when I pay it down?
On a revolving line, yes. What you pay back is there to draw again. Your offer says whether the line is revolving.
Will checking affect my credit?
No. Seeing your number does not involve a hard credit pull.
How fast is it?
Your number takes about two minutes. Once your statements are in, offers can come back the same day, and a wire can go out the day you sign. Timing depends on your file and on bank cutoffs.
Do I have to talk to anyone?
No. You can see your number, send your statements, compare your approvals and accept one from your portal. Your advisor is one call away if you would rather talk it through.
What do I need to apply?
A registered US business with revenue, a few details about it, and your last four months of business bank statements.
How big could your line be?
For a business bringing in a month. Slide to yours.
For registered US businesses. An estimate, not an offer. Looking doesn't touch your credit. Rather talk? (425) 433-9881