Unsecured Lines of Credit

America's Funding Partners

Unsecured Lines of Credit is an excellent way for start ups and existing businesses to get access to capital.

What we offer:

  • Funding in as little as 10 days.
  • Any business in any industry can qualify.
  • Simple application process.
  • Interest rates start at 0% for the first 6-12 months.
  • Strategies to access cash.

Basic Underwriting:

  • Good credit is required, minimum 680 credit score.
  • Very few derogatories or late payments and a limited number of inquiries.
  • No bankruptcies or liens.
  • Utilization under 50%.

If the borrower doesn’t meet the above criteria, credit repair services can many times correct credit challenges so the borrower can qualify.

Example:

A restaurateur wanted to buy a pizzeria for $120,000. Because the pizzeria had only been in business for two and a half years, he had been turned down by several local banks for a business loan despite having a 700+ credit score. Through a one page application he was able to secure a $130,000 unsecured revolving line of credit in 12 business days. Not only did the client have enough capital to buy the business but also had an extra $10,000 to use for working capital. The client also immediately established business credit and has a revolving line to draw upon whenever they see fit.

Amount of loan: $130,000
Total time to close: 12 Days