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A line of credit typically provides revolving access to credit. The main advantage is that you only have to apply once for funds. You can draw funds whenever you need, up to your credit limit, and only pay interest on what you borrow each time. Then once paid, funds become available for you to use again. This is a great option for businesses who want to stabilize their cash flow or those who are in need of short-term working capital.
NOTE:Â Borrower MUST have previously funded a RBF with Momentum Capital.
Loan Size | $25K – $250K |
Term Length | 12 months |
Interest Rate | WSJ Prime +1 – 3% |
Payment Frequency | Monthly (Interest Only) |
Minimum FICO | 640+ |
Time in Business | 1 Year |
Monthly Revenue | $30,000+ |
Banking | Business Checking |
561-530-2845
info@estimatorflorida.com
5245 Wiles Rd Apt 3-102 Coconut Creek, FL 33073 United States
561-530-2845
info@estimatorflorida.com
Address
5245 Wiles Rd Apt 3-102 Coconut Creek, FL 33073 United States
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Streamline Your Bidding Process With our #1 Cost Estimating Services in Florida
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