Unsecured Business Lines of Credit
Even if your business is running smoothly, it may face unexpected challenges that may require access to cash. That’s why it may be best for businesses to prepare for these events by establishing an unsecured business line of credit, which does not require any collateral.
Even if you’re just starting your business, you may be able to receive between $25,000 and $100,000 as long as you have good credit. Businesses with good credit that have revenues of at least $1 million can expect to receive as much as $500,000. However, the amount that each business qualifies for varies depending on the size and profitability of the business.
Benefits of Our Business Lines of Credit
Thanks to our unsecured business lines of credit, business owners can rest assured that they’ll have the funds they need to cover unexpected expenses. Best of all, we make the process easy for business owners. You can complete the application in about 10 minutes, and the credit-check fee is only $45.
At Hickory Capital, we offer competitive rates to qualifying businesses, but we are careful to protect assets from “subprime” borrowers.
Call Us Today
Ready to get your unsecured business line of credit up and running? Call Hickory Capital at (231) 714-6039 today and we will help you get started.