Business Lines of Credit Hub is your best friend if you want to find the best business lines of credit that you can apply to. You can find the website at businesslineof.credit, and you will be able to open a treasure chest of knowledge through its reviews, tips, and other useful information that may come handy if you’re a business owner.
The team at businesslineof.credit opted to focus on business line of credit as it is the favorite choice of funding of business owners who are looking for a flexible funding to tap as business needs arise.
The businesslineof.credit team lists down some of the top lenders who can offer you the best business lines of credit today:
Blue Vine offers loan amount that may range between $5,000 and $100,000. The APR may range from 16 percent to 62 percent while the loan terms stretch to six months.
This lender offers good options to business owners who are looking to patch some gaps in their cash flow.
Street Shares can offer between $5,000 and $100,000 with an APR between 9 and 40 percent. This online lender focuses on your cash flow when evaluating your ability to pay the company.
The company offers term loans as short as 3 months or as long as 36 months. Street Shares is a popular choice for business owners looking for extra working capital, opening a franchise, or looking to purchase additional inventory.
You can get a business line of credit from Kabbage in a matter of minutes to several days. If you are looking for some fast cash, this lender has a perfect system set up for you.
Business owners can borrow as little as $2,000 to as high as $100,000. APR ranges from 24 to 99 percent with loan terms of 6 or 12 months. The interest rates might be higher with Kabbage but entrepreneurs love its service and its fast processing.
Kabbage is also the go to lender of business owners with bad credit. The company will check your credit history but it does not affect your credit score as much as how other lenders do. Kabbage looks into your linked accounts, revenue, and the age of your business to make its decision to make a line of credit available for you.
OnDeck is another go to lender if you can’t get bank loans for your business. The name of the game of OnDeck is convenience, speed, and availability to business owners with bad credit.
If your business earns between $100,000 to $5 million annually, then OnDeck will be more than willing to help you out with your needs. Of course, the interest rates are a bit high at 14 to 40 percent. It also requires lines of credit to be repaid on a weekly basis. You can get your line of credit from them within 24 hours to a few days. So far, the company has loaned as much as $5 billion to business owners across the United States, Canada, and Australia.
Find The Best Business Lines Of Credit Via Business Line Of Credit Hub. Visit us at businesslineof.credit and access a treasure trove of knowledge trough our reviews, tips, and other articles.