Our business lines of credit are flexible borrowing instruments used for periodic borrowing needs. Your Benetrends consultant can help arrange fast and easy access to funds, ideal for:
- Improving cash flow, funding payroll, or seasonal working capital
- Purchasing inventory and materials
- Financing accounts receivables
- Emergency funds
Our ultimate goal is to help your small business succeed. This is why we make business financing easy, with a variety of lending solutions to fit your every business need.
Here are a few advantages that lines of credit through Benetrends can provide:
- Short-term revolving credit
- Available for travel, entertainment or smaller business purchases
- Easy to use
- No Doc program — No financials required in most circumstances (may be secured by blanket lien on business assets, investment or owner-occupied real estate)
- Available for a new or existing business
- Unsecured — No collateral required
- Interest-only payment due monthly only on the portion of the line used
- FICO scores as low as 680 accepted (and lower for certain programs)
Perhaps the best part is that a business line of credit through Benetrends can be used to start up your business. If needed, you can even use one of your credit partners; i.e., spouse, partner, or family member to help you qualify.
