Unsecured Business Lines of Credit
Achieve Your Business Goals with Unsecured Business Lines of Credit
Whether your business is a startup or has been operating for years, there are times when you need an infusion of credit to achieve your goals. At Green Wing Commercial Capital, we specialize in helping companies with good credit profiles get the unsecured business lines of credit they need without putting up any collateral.
While you don’t need collateral, it is necessary to have a good financial picture. In the case of startups, even those without revenue, a partner or owner can qualify the company using their credit report. Established businesses can qualify with their own financials and creditworthiness.
The amount of credit you can expect to receive depends on the financial background presented in your application. Depending on the owner’s portfolio, startup businesses typically receive from $25,000 to $50,000. Companies with $1 to $10 million in revenue may qualify for unsecured business lines of credit from $100,000 up to $500,000.
Additional benefits for established businesses include:
- No subprime loans
- Credit cards with an introductory rate of 0%
- A rate of 1% to 5% over prime for larger lines of credit
Give us a call today to find out if your startup or established company qualifies for unsecured business lines of credit with Green Wing Commercial Capital. Our representatives will be happy to walk you through the process.