Lines of Credit
Lines of Credit
Unsecured Lines of Credit:
Our unsecured lines of credit provide a low APR without all of the hassles. The main advantage of an unsecured line of credit is the fast approval process for qualifying applicants. They require less paperwork than other loan options, saving time during the application process. As long as you have a good credit score an unsecured line will provide funding without the need to put assets up as collateral. The limitation is that lenders will generally only consider this type of loan for well established companies who have excellent debtor reputations. Our team of experienced loan brokers is here to help you decide whether it is a good fit for you.
Secured Lines of Credit:
For a higher credit limit and lower interest rates, a secured line of credit is the best option. Lenders will require assets be placed in a lien for the amount and duration of the loan. This provides the lender with a way to recoup the funds should the borrower be unable to pay for the loan. For medium and small businesses, a secured line of credit is usually the best option for obtaining funding quickly.
By starting the process early, we can find the right secured line of credit that will work best for you. This ensures that when you need capital, easy access has already been guaranteed. Even if you have been denied a secured line of credit in the past, we work with the largest network of lenders in the industry and we will find you a loan to meet your needs.
Inventory Financing
Working Capital
Business grows and changes with the times. When business is good, obtaining a line of credit may not even cross your mind. But when business gets slow, having a revolving line of credit can be the answer to your prayers. Your business should be prepared for anything and our Working Capital Lines are always there when you need them.
A working capital loan is not used to purchase long-term investments like equipment or real estate but rather it is a loan that provides financial relief for daily business operations like accounts payable, wages and invoicing. A working capital line of credit maintains a maximum loan amount that your business can borrow from as needed. The major advantage of this type of financing is that the debtor is only charged interest on borrowed funds and not the maximum loan amount. A working capital line of credit also gives businesses more freedom for repayment as funds come in without high-interest rates or finance charges.
P.O Box 591 Lithia FL – 33547
contact@probusinessfinance.com
813-226-7342
For more information contact us.
Para mas información contactenos.
For more information contact us.
Para mas información contactenos.
(813) 226 - 7342
contact@probusinessfinance.com