Revolving Line of Credit
- Approvals up to $1M with a minimum initial draw of $5,000 or 10% of approval
- Max amortizing term up to 36 months with low, fixed weekly payments
- Unlimited draws of $5,000 or more during the revolving period
- Unlimited partial principal paydowns of $5,000 or more during the revolving period
- Revolving period up to 1 year (52 weeks)
- Every payment made and partial principal paydown frees up line availability
- Finance charges accrue and are collected weekly
- Closing points are only charged on cash out
- Pay off or pay down with no penalties, maintenance, or prepayment fees
Interest-Only Revolving Line of Credit
- Approvals from $200K up to $1M with a minimum draw of 24% of the line’s approval
- SAVE BIG! Pay only the interest on the outstanding balance for up to 1 year
- $ terms up to 3 years with the lowest, fixed payments
- Unlimited draws of $10,000 or more during the revolving period
- Unlimited partial principal paydowns of $10,000 or more during revolving period
- Revolving period up to 11 months (48 weeks)
- Every regular payment made and partial principal paydown frees up line availability
Contact Us for more information or to apply