LINE OF
CREDIT
Business Line of Credit
Flexible and convenient access to working capital. Lines of credit up to $150K.
A business line of credit, provided by Belmont Franklin Group, is a flexible financing solution designed to meet your business needs precisely when you need it. This revolving credit offers quick access to funds without the hassle of waiting for approval. With a predetermined credit limit, you have the freedom to draw funds as necessary, only initiating repayments once you start utilizing the available capital.
Are we a match?
Check our minimum requirements.
1 Year
in business
700+
personal FICO® score
$30K+
monthly revenue
Business
checking account
How does it work?
A business line of credit is a type of funding that allows you to borrow from a set amount of money. You’re given a credit limit, and within it you can draw what you need, when you need it. You only pay interest and fees on what you borrow.
Get A Quote
Loans from: $3,000-$500,000
Loan Terms:
3-24 months
Automatic daily, weekly, or monthly payments
For Easy And Fast Application
Benefits of a business line of credit.
Fast funding
Lines of credit can fund instantly.
Only pay for what you borrow
Withdraw what you need, when you need it.◊ You’ll only be charged interest on the funds you draw.
Build business credit history
We report to business credit bureaus, which helps build business credit history with on-time payments.
Business funding that moves at your speed.
Step 1
Complete the application
Our streamlined process is designed to be completed in just minutes.
Step 2
Get a decision
Work with an expert loan advisor to choose the best option for you.
Step 3
Receive your funds
Sign your contract and get funds as soon as the same day.
FAQ'S
With a Business Line of Credit, draws are consolidated into one loan with one easy weekly or monthly payment. As you pay back your principal, you replenish available funds. Our line of credit comes with no draw fees. Adjust the payment amount and term to ensure a comfortable weekly or monthly payment.
There are some times when you could really use access to additional funds. Based on your cash flow, net income and payback history, you may be eligible for a credit line increase.
The total cost of your line of credit will vary based on a number of factors, including your personal and business credit scores, time in business and annual revenue and cash flow.
We report your payments to the UCC. So every time you pay on time, you’re building business credit history.
We use soft pulls of personal credit reports that don’t affect your credit score. You will only receive a hard pull inquiry once you approve the Line of Credit.
