Lines of Credit
Lines of Credit
Flexible Financing for Your Business Needs
A line of credit from Uptier Capital offers the flexibility and convenience you need to manage your business’s cash flow, cover unexpected expenses, and capitalize on growth opportunities. With a line of credit, you have access to funds when you need them, allowing you to stay agile and responsive in a dynamic business environment.
What is a Line of Credit?
A line of credit is a revolving loan that provides you with a set amount of capital that you can draw from as needed. Unlike a traditional loan, you only pay interest on the amount you use, making it a cost-effective solution for managing short-term funding needs.
Key Features and Benefits
- Flexible Access to Funds: Draw funds as needed and only pay interest on the amount you use.
- Quick and Easy Application: Apply online with a simple process and get approved quickly.
- Revolving Credit: As you repay the funds, your available credit is replenished, ready for future use.
- No Collateral Required: Lines of Credit at Uptier Capital are unsecured, so you don’t need to put up any assets as collateral.
- Competitive Rates: Enjoy competitive interest rates and transparent terms with no hidden fees.
General Requirements
Business Age
Must be in operation for at least 1 year.
Monthly Revenue
Minimum monthly revenue of $25,000.
Credit Score
A minimum personal credit score of 600.
Business Bank Account
Must have an active business bank account.
Ownership
Business owner should have at least 50% ownership and be 18 years or older.
Who Can Benefit From a Line of Credit?
- Need flexible access to capital for ongoing expenses or unexpected costs.
- Want a financial safety net to manage cash flow fluctuations.
- Prefer the option to draw funds as needed rather than taking a lump sum loan.
Ready to Get Started?
Empower your business with the financial flexibility you need. Apply for a line of credit today and gain access to the funds that will help your business thrive.
Contact Us
Have questions? Reach out to our team at +1 (855) 712-1215 or email us at [email protected].