With a business line of credit, you can use the funds however you see fit: for ongoing operating costs, to cover gaps in cash flow, or take advantage of unforeseen opportunities or challenges. You don't need to have a specific use case outlined to secure the cash.

How Does a business LOC (Line Of Credit) Work? When you open a business line of credit, the business receives access to a stated amount of funds to use as needed. A monthly statement reflecting the amount of credit used will also include any interest charges (unlike a term loan, you only pay interest for the funds you use as you use them). As mentioned above, your payment, and the interest, is based upon the funds you use. Once repaid, the credit limit is available to be accessed again as needed. The periodic payment schedule to repay a line of credit will vary depending upon the lender. Either a weekly, or monthly, periodic payment schedule is common.

Click the Get Funded Now button bellow and fill in the basic information such as your info, the amount you seek to finance, your company invoice revenues and any invoices you would like us to factor (optional) and we'll get back to you with an approval including loan amount and terms within 24hrs in many cases in as as little as one hour

Leverage Fundings strives to get you approved, we have an excellent record of approval with nearly 97% approval rate, we know that no business is exactly alike and we take the time to understand your business model and tailor made a custom loan that will fit your business needs best, unlike traditional bank loans we look at a lot of different factors aside from just P&L, credit score, years in business, ect,. Leverage Fundings go above and beyond to look for alternative ways to fund you, including any assets, business equipment, monthly revenues, account receivable or your monthly merchant revenues to fund you with good credit, fair credit, bad credit or even no credit at all, with that said, sometimes it is still hard to fund some companies in this case we have a special program that allows us to get you funded even if the numbers don't look as good, in that case you may qualify for only 75% of the desired loan amount with higher interest rates