Optimize Cash Flow With a Business Line of Credit
Boston Small Business Brokerage offers a Business Line of Credit, an
essential financial tool for businesses that require flexible access to
funding without the commitment of a traditional loan. With our
certification as Small Business Financial Professionals, we are equipped
to secure financing options tailored to your needs.
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Why chose a Business Line of Credit?
Unlike traditional loans that provide a
lump sum of money, a business line of credit allows you to borrow up to a
specified limit and only pay interest on the amount you use. This
flexibility makes it an ideal solution for managing fluctuating capital
needs, covering unexpected expenses, or maintaining operational cash
flow. -
Benifits
- Ease of Access to Funds: Draw funds as needed without reapplying.
- Credit Building: Improve your business credit rating as you responsibly manage and repay your credit line.
- Ongoing Flexibility: Borrow repeatedly up to your limit without additional approval.
- Customizable Repayment Options: Choose from a variety of repayment plans.
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What are the Qualifications to apply?
Ready
to unlock your business’s financial flexibility but worried about
strict requirements? Our straightforward qualifications include:- At least 6 months in business
- Minimum of $120,000 in annual revenue
If you meet these criteria and your business is in good standing, prepare to provide:- Basic information about you and your business
- Recent three months’ bank statements
Business Line of Credit Features
In the ever-changing business landscape, having access to flexible
financing is crucial. Explore the key features designed for smart
financial decisions using a Business Line of Credit.
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Credit Limits from$5k to $1m
Credit Limits from
$5k to $1mSuitable for small or significant needs.
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Competitive Rates and Flexible Terms
Extend your credit terms for up to 5 years.
Enjoy rates as low as 1%–5% monthly interest.
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Fast Decisions
Receive approval within 24 hours.