Getting a traditional loan often means having collateral that you can put up in exchange for the cash, and going through the hassle of a lot of paperwork and a long approval process. If you don’t have collateral, or you don’t have time to jump through all the hoops necessary to get these more traditional loans, consider the benefits of unsecured business lines of credit through Prime Resource Capital.
Lines of Credit for All Financial Situations
We understand that all small businesses are different, which is why we have a range of unsecured credit lines available anywhere from $25,000 to as much as $500,000. The amount your business can qualify for depends on a couple of different factors:
- The credit profile of the business owner
- How large and how profitable the business is
Small companies with little or no credit and limited history of revenue to show can expect to get unsecured loans from $25,000 to $100,000. More established businesses that have a history of success and can show revenues between $1 million and $10 million can often qualify for loans as high as $500,000 without any collateral.
Introductory Rates as Low as 0%
We only offer A-Paper products, which means anyone who qualifies for the loan is guaranteed to get the best rates. In fact, you may be able to get rates as low as 0% for an introductory period, then anywhere from 1% to 5% over prime. The process to get started is simple, beginning with our no-obligation pre-qualification. It takes just 10 minutes and costs less than $45 to get a credit check.
Talk to the representatives at Prime Resource Capital today about whether this kind of loan can work for you.