Business Financing Line Of Credit
We often have brand new businesses ask for lines of credit. While we can help new businesses with lines of credit it is much easier for them to get equipment financing or a more specific loan then a general line of credit. For businesses over 2 years old a line of credit is usually not that hard to get! It is credit score based and usually not secured by any assets. If you have a bad credit fico score then I would suggest looking at asset receivables financing which is not focused as much on the credit score but more on the accounts receivables that your company has coming in over the next 90 days.
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