The Many Ways To Use an Unsecured Business Line of Credit

If you need a reliable source of working capital for your existing business, or you are launching a new startup, an unsecured business line of credit from TrueLink Capital Solutions can help you reach your big milestones. Our unsecured business lines of credit are accessible to anyone with a decent credit profile. Even if your startup has no established credit, our unsecured lines of credit can provide purchasing power to help build credit ratings. Additionally, if you have a qualifying credit record, we can extend a line of credit ranging from $25,000 to $50,000.

Some of the biggest benefits include:

  • Financing amounts ranging from $100,000 to $500,000 for companies with revenue between $1 and $10 million
  • Zero percent introductory rates
  • No required collateral
  • Higher credit possible for proven businesses
  • Credit card options
  • Financing amounts depend on business profitability and current credit profile

How Do Lines of Credit Work?

So how is a line of credit different than a normal loan? The biggest difference is that you are only given access to a pool of capital, instead of receiving a large sum all at once. Once you have your line of credit, you can take as much or as little as you need. It is always there in case sudden expenses appears out of nowhere. You never have to worry about depleting your working capital again. Plus, you only make payments on the amount that you spend, which gives you more options to manage your loan. Turn to TrueLink Capital Solutions to get a line of credit for your business.

Learn more about lines of credit and how you can use one to add security to your small business. Give TrueLink Capital Solutions a call today.