LINES OF CREDIT

What is a Line of Credit? 

• A line of credit (LOC) is a preset borrowing limit offered by banks and financial institutions to their personal and business customers.
•  Lines of credit can be used at any time until the limit is reached. 
• The limit is set by the issuer based on the borrower's creditworthiness
• Once repaid the credit becomes available again, making it revolving 

REQUIREMENTS: 

6 MONTHS IN BUSINESS

5,000 IN REVENUE

600 FICO SCORE