Get Extra Working Capital with an Unsecured Business Line of Credit
Cash flow is vital for any business, and it’s also one of the hardest things to control. Unexpected situations can pop up at any time, such as a customer not paying their bill on time or an emergency equipment breakdown interrupting your operations.
When these things happen, you’ll be glad you have a source of working capital to protect your cash flow. At My Commercial Capital, we provide unsecured business lines of credit that are easy for small businesses to qualify for. Our unsecured lines of credit feature:
- Amounts up to $50,000 for new businesses
- Amounts up to $500,000 for existing businesses with annual revenue of at least $1 million
- Low interest rates
- No collateral necessary
The Benefits of Lines of Credit for Businesses
You can think of a line of credit as a cross between a working capital loan and a credit card. You get better interest rates and terms than a credit card, but you don’t need to wait for the approval of a loan. Your funds are available to use however you need, whenever you need:
- Repair equipment quickly to get your business up and running again
- Have funds to hire more employees or replace workers
- Cover equipment lease or loan payments
- Take care of payroll without issues
- Purchase the inventory you need in bulk
- Weather slow periods and keep your company growing
Our unsecured business lines of credit have excellent interest rates and sizable funding amounts. Contact us today to begin.