FINANCE OPTIONS

300k Business Line of Credit - Apply Now

A business line of credit offers SMEs a flexible financing solution up to £300,000, enabling them to manage cash flow, unexpected expenses, and short-term needs efficiently. With the advantage of only paying interest on drawn amounts, it's akin to a credit card for businesses.

Business Line of Credit

Secure up to £500,000 in Business Line of Credit with Funding Agent.

  • Quick and easy application process
  • Loan disbursed within 24 hours
  • No additional charges for early repayment
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What are the benefits of 300k Business Line of Credit?

Business lines of credit offer remarkable flexibility in borrowing and repayment, ensuring interest is only charged on the funds actually drawn. Benefit from fast access to funds post-approval, typically available in 1-3 business days, which is crucial for sustaining operational liquidity.

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Flexible funding
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Improves cash flow
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Quick access to capital

SCALE YOUR BUSINESS TO NEW HEIGHTS

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What are the different types of 300k Business Line of Credit?

Secured Business Line of Credit

The Secured Business Line of Credit is available for SMEs with sufficient collateral. Typical borrowing ranges from £10,000 to £500,000.

Secured Business Line of Credit

The secured credit line requires collateral like property or inventory, offering amounts from £10,000 to £500,000 with terms of 6 to 36 months. Interest rates range between 5% to 15%, catering well to sectors such as retail for stock purchase.

Unsecured Business Line of Credit

Available with just a solid credit history, Unsecured Business Line of Credit offers borrowing from £5,000 to £250,000.

Unsecured Business Line of Credit

Unsecured credits demand a good credit score and operational trade history, with lending up to £250,000 at rates between 8% to 25% over terms of 3 to 24 months, ideal for managing operational expenses.

Revolving Business Line of Credit

A Revolving Business Line of Credit facilitates regular business operations with borrowing between £20,000 to £300,000.

Revolving Business Line of Credit

These credit lines often require a business plan and regular cash flow reports, offering £20,000 to £300,000 over 12 to 60 months with rates from 6% to 20%. They're beneficial for hiring or launching marketing campaigns.

What is a 300k Business Line of Credit?

Application and Approvals

The application involves submitting financial documents and sometimes collateral details, with approval dependent on creditworthiness. Initial decisions can take 2 to 14 business days with funds available quickly thereafter.

Regulatory Compliance

In the UK, ensure lenders are FCA-authorised to steer clear of unfair practices and comply with standards. Our services align with these regulations.

Understanding Borrowing Capacity and Rates

Borrowing limits are influenced by credit scores and revenue, with amounts ranging from £5,000 to £300,000. Rates vary by collateral and risk at 5% to 25% APR. Understand each factor for better financial planning.

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FAQ’S

How much can I borrow with a business line of credit?
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