Unsecured Credit May Be Right for You
If you have a good credit score and need fast, easy cash flow, unsecured business lines of credit from The District Capital Lending Group might be the best option for you. Unlike most other loans, our unsecured lines of credit require no collateral; whether or not you qualify, and how much you qualify for, are determined by the profitability of your business and the strength of your credit profile. Below are scenarios of when a business line of credit would be a good option.
Business Startups
Fledgling businesses need as much money flowing into their business as possible. With our unsecured credit, you can qualify for a loan even when your company has no revenue; this is perfect for a business that is just starting out and hasn’t had the chance to make any revenue yet.
A startup owner with a qualifying credit score could receive between $25,000 and $50,000.
Established Businesses
Sometimes even a profitable business needs a shot in the arm, especially if you want to cover costs or expand. A business with revenue between $1,000,000 and $10,000,000 could receive as much as $500,000.
Benefits of getting an unsecured loan compared to a traditional loan include:
- Excellent rates between 1% and 5%.
- No collateral.
- No subprime loans.
Contact us today to find out if you qualify!