Lines of Credit And How They Work
An unsecured credit line option can be used to purchase, rehab, and flip real estate, allowing you to leverage resources to do more deals, and increase your bottom line on each and every property.
There are source of funds in the market place that our experts have established relationships by auditing banks and compiling a list of those whom lend to businesses without reporting the business owners or investor’s personal credit! This means that the unsecured business credit can be drawn on without fear of damaging our clients debit/credit ratio.
You can access products for Start-Up companies. If you’ve been in business for less than two (2) years, you may still qualify for up to $75,000 in unsecured business capital. For businesses with a 2 year+ history that can go full doc can qualify for $150,000 lines.
Ideally 730+ scores on average gets access to LOC programs. If your credit isn't there and you do have a partner with better credit who wishes to personally guarantee your business line of credit you may be able to use them to acquire capital for your business.