DOES YOUR BUSINESS NEED FUNDS? PAYROLL? WORKING CAPITAL? EXPANDING?
Business Lines of Credit
Are you seeking flexible access to capital, where you pay only for the funds you need? A revolving business line of credit operates like a credit card, usually offering a higher credit limit and lower interest rate, and you pay interest and fees solely on the funds you utilize.
You can pay off your balance at any time without incurring penalties and repeatedly draw funds for expansion, emergencies, or any unforeseen business expenses—all through a convenient online portal.
Established businesses with tax returns that show good revenues can get very large sums of unsecured funding with our Unsecured Business Lines of Credit.
If you have business tax returns, you should apply for this program which features unsecured draft check lines of credit ranging from $50,000 to $250,000 each. This line of credit comes with incredibly low interest rates and generous payback terms.
You can secure a working-capital credit line up to $250,000 using your business financials to qualify. Most lenders will report your account to the business credit reporting agencies helping you build your business credit.
You approval amounts will vary based on the revenue that is reflected on your business tax returns. And you can secure your new credit line in about 3-6 weeks. You can then use, and reuse your credit lines paying a small payment only on the balance you owe.
This is an amazing program for any business that shows good net profit on their tax returns, and wants a high-limit open line-of-credit.
‘Low Doc’ Bank Lines of Credit
Requirements:
700 FICO® Score at the time of the application
Application Form
2 years time in business
At least $100k in Annual revenue
Most Recent Tax Returns
Debt Schedule
6 Months of Business Bank Statements
Approvals in 5 business days
TRUE BANK LOANS AND LINES
Monthly Payments
With ‘Low Doc’ submissions, contact will be arranged directly by Angle Lender Partners with Partner Banks.
Amounts up to $250k
May require submission to multiple banks
Full Document Bank Loan & Underwritten Credit Facilities
Requirements:
680 FICO® score at the time of the application
Application Form
3 Years Corporate and Personal Tax Returns
YTD P&L and Balance Sheet
Debt Schedule
Personal Financial Statement
A/R & A/P Aging if Applicable
6 Months of Business Bank Statements
TERMS FROM 2–25 YEARS
MONTHLY PAYMENTS
From $50k–$5M+
May require submission to
multiple banks
Multiple credit facilities can be arranged if the client meets eligibility criteria.
Clients have the option to apply for the ‘Low Doc’ program while
simultaneously pursuing fully underwritten financing.