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BUSINESS LINE OF CREDIT

HELPING BUSINESSES GROW AND STAY COMPETITIVE

Business Line of Credit

 

Often the most difficult part of being a business owner is coming up with a steady supply of cash to remain competitive and profitable. With the many options that Vertice Funding Group has to offer, this never needs to be a problem for you or your business. Learn about business owners’ most sought-after program – a business line of credit – as well as the many other financial options AFN has to offer.

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EASY APPLICATION

NO OBLIGATION

How Does The Business Line of Credit Work?

 

When you get a business line of credit from VFG, your business is approved for a certain amount of financing. You draw money as you need it. While you may be approved for a large amount, you’ll only pay interest on the money you’ve used and not the total amount. The longer you’re with us and continue to make your payments on time, the more cash will be made available to you. Of course, you are never paying for the unutilized funds.

How Much Money Can I Get?

 

As much as $3,000,000 if you’re a large business with supporting financials. However, our average-sized funding amount is about $75,000 but, we can fund as small as $5,000. Most business owners enjoy the ease of use and flexibility of the business line of credit. VFG also offers you different ways of paying the money back.

You can choose to pay a percentage of your sales or make a fixed daily weekly or monthly payment. Some business owners choose to make a hybrid payment, which is a combination of both percentage and fixed. You, as the business owner, have the option to choose whichever of these flexible options best meets the needs of your business. Again, we understand every business is different and we take pride in providing a solution that works best for every business owner’s particular situation.

What Are The Eligibility Requirements?

 

We have a rather lenient eligibility requirement for our business lines of credit. Once your business has been open for at least six months, all you need to do is provide documentation that you’ve made, on average, at least $10,000 per month in sales.

We look at over 2000 data points when approving a business for funds. It is not based solely on credit scores anymore. We are looking at the business and all that encompasses it with our eyes wide open. There is a very real human element to business and to how we work with our clients.