Unsecured
Online Lending Platform
Line of Credit
Eligibility
Annual Revenue:
- Annual revenue / average monthly revenue (e.g. at minimum $100,000 in the past 12 months
Time in Business:
- Time in business (e.g. at least 6 months)
Other:
- Have active commercial lease (e.g. physical office / store)
- Personal credit (e.g. 610+)
- No open bankruptcies
- Some industries are restricted (online lists provided by each lender)
Typical Range
$5,000 – $300,000
Features
Payment Schedule:
- Repayments are automatically deducted from the bank
Timeliness to Fund:
- Turn around for approvals are within a day typically
Origination & Interaction Model:
- Online origination and interactions