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Contact us to learn more about a Line of Credit

Call us at (212) 931-6858 to speak to a loan specialist today.

Revolving line of credit for instant access to funds

1

How funding works

  • A business making more than $20,000 with owner(s) FICO scores above a 600 is provided with a revolving Line of Credit (LOC) at low rates
  • Rate range: 4.8%-24.99%
  • LOC is paid on a consistent predetermined schedule (weekly or monthly)
  • LOC terms are 6, 12, or 18 months
  • More funds are available to draw as the principal is paid down
  • Credit lines up to $250,000
  • Approvals are extremely fast, and the credit limit can increase as long as there is a good repayment history

2

Rates are based on

  • Credit score and profile
  • Time in business
  • Monthly revenue
  • Industry

3

Required documents

  • 3-6 months of recent bank statements or securely linking the business bank account
  • Application with basic details about the business and merchant
  • Driver’s license
  • Voided check
  • Proof of Address

4

Ask Yourself

  • Do you have any existing debt on your balance sheet? If yes, what are the balances owed and who are the balances owed to?
  • Do you anticipate needing funding anytime in the next 12 months?
  • What do you intend to do with the funds from a line of credit?

5

Good to know

  • Why not set up a line of credit now for a rainy day, as you won’t be paying anything until you draw from it?
  • Repayment can be made on a weekly or monthly basis
  • Great option for business owners with a 600+ FICO score and grossing at least $20,000 per month

Apply now!

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What our clients are saying about our solutions

Our Financial Solutions and Business Services support our clients as they stay competitive and grow to keep our nation’s economy alive.

Proud owner of a restaurant in California and was seeking capital to open a second location. My specialist at Premium Merchant Funding got me the exact dollar amount I needed to open, including renovation and equipment costs.

Harry R

Restaurant Owner
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Premium Merchant Funding helped us get the funding we need to get some upgrades done. With low rates we were able to borrow and pay back overtime and noticed how we got more customers as a result. Loan paid for itself in 1-2 years!

Marjorie K

Owns Small Insurance Company
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Professional PMF staff helped guide us through getting our first business loan to acquire extra space and buy more shelving for our retail store. The loan helped us get an immediate return within 4 months as we got more in sales and a few self-checkout registers so there is minimal wait time for the customers.

Jack L

Owns Retail Store
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Accelerate the growth of your business

Equipment finance. Small Business Loans. Merchant Cash Advance. Factoring.

100

Specialists

Over 100 funding specialists to keep you going

15

Financing options

15 financing options and small business products

$2M

Funding up to

Unsecured funding up to $2,000,000

48

Hours

Get funding in 48 hours

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