Unsecured Business Lines of Credit

New and Established Companies Benefit From Unsecured Business Lines of Credit

Chances are you have at least one personal credit card. Despite how common they are, many business owners don’t realize how beneficial a credit card can be for their companies. Parkshore Capital can help you get a business credit card for your new or established company.

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Do You Have a New Business?

If you have a new business, unsecured business lines of credit can help you purchase supplies and equipment, pay employees and vendors or even pay a rent or mortgage for your commercial real estate. If you have good personal credit, you may be able to get a business credit card even without established company revenue. Applicants typically receive up to $50,000.

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Is Your Company Already Established?

Even if your company has been in business for years, you can still benefit from an unsecured line of credit for it. If your business makes $1 million in revenue, you may qualify for up to $100,00 in credit. Businesses making more than $10 million in revenue can receive five times that amount.

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Benefits of a Company Credit Card

Applying for unsecured business lines of credit is easy to do, and you’ll receive a decision much faster than if you were applying for a traditional loan. There are other benefits as well.

·       Qualification means good rates

·       Introductory offers of 0%

·       No collateral required

 

Parkshore Capital can help you determine if you qualify for an unsecured business line of credit. Call us to start the application process.