Business Line of Credit Comparison

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Customer SupportExcellentExcellentExcellentExcellentExcellent
Required Time in Business1-Year9-Months2-Years6-Months 12-Months
Required Credit Score620500640600 N/A
Required Revenue$25K/yr$75k/yr$75k/yr$5k/mn$50k/yr
Borrowing Amount$5 - $100K$15K - $100K$5K - $300K$5K - $50K$2K - $100K
Draw Term Length3 - 36 Months6-Months25-Months6-Months 6 or 12-Months
Draw Fee2.95% per drawNone ($20/mn maint. fee)1% - 2% per draw1.50%None
APR7% - 39.99%13.99% - 39.9%7.2% - 23.9%21% - 65%Approx. 18% - 102%
Repayment FrequnecyWeeklyWeeklyMonthlyWeeklyWeekly
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