Business Line of Credit for Bad Credit:
Yet again, this isn’t technically a business loan — but many business owners leverage this option to cover unexpected costs and temporary shortfalls. There are several other benefits, like instant access to funding, only paying interest on the amount drawn, and the ability to draw funding again after paying it down.
If you need immediate funding, and/or you constantly find yourself needing fast access to cash on-hand, then a business line of credit is the financing option for you. This kind of business loan (even though it’s technically a financing option) for poor credit is exactly what those who require capital to prepare for unexpected future expenses.
Need to hire extra staff to take on an unprecedented amount of customers? Cool. You need extra materials to take advantage of a sudden opportunity? Not a problem.
With lightning-fast access to funds, and incredibly flexible repayment terms, a business line of credit may be just what your business needs to grow. One of the most convenient and accommodating features of a business credit line is that you only pay for what you use.
LoanGIANT Business Funding will work with you to determine a line of credit amount, and then you can draw upon that line of credit as you need it.
BAD CREDIT - Business Line of Credit
Grow Your Business
Financing gives you access to the cash you need to fast-track projects and scale your business. You can use funding to open a new location, hire new employees, invest in marketing campaigns, upgrade internal processes, and much more.