Unsecured Business Lines of Credit
Fast Money to Expand Your Business
Sometimes a business just needs a shot in the arm. IF you have a good credit history but need a quick influx of cash, an unsecured business line of credit may be what you need.
How It Works
Propel Capital is able to offer lines of credit tailored exactly to each client’s goals and profitability. These kinds of credit lines require no collateral, with loan amounts determined entirely on your business profile. Because these unsecured lines are risky, we limit our credit amount to less than $50,000 in typical cases.
Startup Businesses
We offer unsecured credit lines that can be a good source of capital for startup businesses. A startup can qualify for a $25,000 loan based on their credit history alone.
Established Businesses
Unsecured business lines of credit are ideal for business owners just starting out, but established businesses can also benefit from this as well. An established business earning over $1 million in revenue could receive between $100,000 and $500,000.
Aside from increased credit lines based on revenue, other benefits of applying for a line of credit from Propel Capital include:
- No collateral required for qualifying businesses
- 0% introductory offers
- 1 to 5% interest rates for large credit lines
Contact us today to learn if you can expand your businesses with an unsecured credit line.