Line of Credit

LINE OF CREDIT

 

A business line of credit provides flexibility that a regular business loan doesn’t. With a business line of credit, you can borrow up to a certain limit — say, $100,000 — and pay interest only on the portion of money that you borrow. You then draw and repay funds as you wish, as long as you don’t exceed your credit limit. A line of credit is similar to how credit cards work.

Need to manage cash flow? Buy inventory? Pay for a surprise expense? Then a business line of credit makes sense.

Is a line of credit right for my business?

A business line of credit differs from a term loan, which provides a one-time lump sum of cash upfront, repaid over a fixed period, or term.

With a line of credit, you can keep reusing and repaying it as often as you’d like, as long as you make payments on time and don’t exceed your credit limit. Most lenders allow you to repay your full balance early to save on interest costs.

Choosing a line of credit option with Acumen Connections, Inc. is a great solution if you’re looking for a flexible tool for working capital over a longer period of time.

How do I qualify for a business line of credit?

Acumen Connections, Inc. works with our extensive network of lenders to find the best product and rate for each applicant. We know that not all businesses and business owners are the same, which is why we focus on getting you the best deal possible.

Qualifications vary, we will do our best to work with you regardless of your current financial health.

How do I get started?

Speak with an Acumen Connections, Inc. agent about a business line of credit and all of our other lending products by calling toll free at 800-864-4644 or completing the ‘Get Started Now’ form.

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Acumen Business Loan Application

Simply click the link below to apply for a business loan.

Have questions?

Call us at the number below.
Speaking with us about your business needs will allow us to find the right processing solution for you.