Easy Capital Loans
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SERVING ALL 50 STATES!
Helping Business Owners since 2007
Get a Small Business Line of Credit & Increase Cash Flow
Prepare for seasonal business expenses, bridge cash flow gaps, or cover unexpected expenses. We have a business line of credit option for you.
Intro To Business Lines of Credit
Many small business owners have only heard of a few ways to fund their businesses. The most popular business financing options include term loans, equity financing, or business credit cards. Yet, another extremely advantageous option is overlooked because it’s not as popular as a traditional small business loan. This is the Business Line of Credit.
When small business owners learn how business lines of credit operate, their first thought is, “Why don’t more small business owners use this?” A business line of credit is like the best of both worlds. It allows you to access funds without the various hassles or costs that come with other options. You could even view a small business line of credit as a “secret weapon” to bail you out of unforeseen cash flow problems or help you capitalize on unexpected opportunities.
MAX FUNDING AMOUNT
$1K-$1M
FACTOR RATES
Starting at 1% p/mo
TERM
Up to 36 months
SPEED
1-3 Business days
ANNUAL REVENUE
$200K +
Who qualifies For Business Line of Credit?
CREDIT SCORE
625+
TIME IN BUSINESS
6 months +
How To Apply For a Business Line of Credit:
Eligible small businesses must be in business for at least six months and have a minimum credit score of 575. You must also prove that your company is currently earning a profit. If approved, you can get funded in 1-3 business days.
Here’s how to get started:
Step 1: Determine How Much Funding You Need
Unlike other loans, business lines of credit are often not pursued with specific investments in mind. After all, you’re supposed to apply before you need the money. For this reason, aspiring borrowers might not know exactly how much funding to request. So, think about how you’ll most likely use your funding and why you are applying in the first place. This will help us understand why you’re requesting this amount.
Step 2: Gather Your Documents
You might not need all of the following documents depending on your creditworthiness. However, it’s better to have them on hand just in case:
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Business bank account statements from the past three months
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Driver’s license
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Voided check
Step 3: Complete Application
You can begin the application process by calling us or filling out our one-page online application. Either way, you’ll be asked to enter the information from the previous section along with your desired funding amount.
Step 4: Speak to a Representative
Once you apply, a representative will contact you to explain the repayment structure, rates, and terms of your available options. This way, you won’t have to worry about surprises or hidden fees during repayment.
Step 5: Receive Approval
If and when you’re approved, funds should appear in your bank account in 1-2 business days.