Unsecured Business Lines of Credit Establish Your Business
Unsecured business lines of credit help your company build up its credit worthiness. We here at Principal Financial Strategies issue credit lines to qualifying entities. How you use the credit is up to you.
A Few Basics
When you apply for a line of credit or business credit card through us, you do not need to put up collateral. Rather, we will check your credit profile, which will be your personal credit profile in certain cases, or your revenue stream.
If You’re Just Starting Out
When just starting a new business, we understand that your business credit profile may not be lengthy or none at all. It’s in these instances, we will do the following
- Assess the credit worthiness of you
- Assess the credit worthiness of your partners
- Issue $25,000 to $50,000 credit if any of you qualify
This helps get you the financing you need for your business start-up costs.
If You’re Already Established
If your business’ doors have been opened for a while, we’ll look at your revenue. You may qualify for a $100,000 to $500,000 credit line, respectively, and you are free to use the money as you see fit.
Secure Credit Through Us
Fill out an application for a 10-minute pre-qualification assessment. The application fee is $45, and our credit offers zero or 1 percent to 5 percent rates. Speak with representative at Principal Financial Strategies today.