How to qualify for a business line of credit
Our true line of credit program allows small business owners to borrow money for a wide range of financial needs.
This allows for most flexible access to funds for business owners with monthly payments and terms of 1.5 to 10 years. Importantly, this type of financing allows you to draw cash on an as needed basis for any business purpose, while only paying interest on the capital used.
What is needed to qualify:
. 680+ credit
. Below 25% utilization on all revolving Personal credit lines.
Documents Required:
. Tri - Merged credit report (mandatory)
. 2 years personal and business tax return(optional)
. Debt schedule, balance sheet , P&L (optional)
. 6 months business bank statements(optional)
Aside from the credit report the Documents above are only mandatory if looking for over $150k.(More documents may be requested from the banks as the program progresses).
Typical Turnaround time:
2 - 4 weeks depending on a few factors.
To proceed, submit a copy of your tri merged report via email to:
If you need a copy of your tri merged report to get started, click the link below and follow these steps:
Make an account
Click View most recent report
Hit Print this page
Change the destination to print as pdf
Attach document to email and send to us
We look forward to working with you!
Best,
Josh Pollanco
Financial Advisor
RBF Capital LLC