Our lines of credit require no collateral and can be extended to both companies and individuals. The qualification process takes only 10 minutes and requires only a small $45 application fee. Depending upon the type and size of the business involved, applicants can expect any one of the following options:
- $25,000 – $100,000 for small businesses
- $100,000 – $500,000 for established businesses
Established businesses must show revenues between $1 million and $10 million to qualify for the larger credit limit. Rates range from 0% for introductory offers to between 1% and 5% over prime for larger products. Even those companies with a poor credit history may qualify provided that they’re able to produce a co-applicant with a strong credit profile.
Give yourself and your company the peace of mind that comes from knowing that there’s something to fall back on should your business revenues start to dip. With an unsecured business line of credit offered through Camelot Commercial Capital, you’re guaranteed extra funds at the very best rates. For more information on this and the many other financial products that we offer, simply call and speak with one of our commercial finance experts today.