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Business Line of Credit Comparison

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Ease of ApplicationExcellentExcellentExcellentExcellentFair
Customer SupportExcellentExcellentExcellentExcellentGood
Borrower Qualifications
Required Time in Business12 months6 months9 monthsN/A12 months
Required Credit Score600600550N/A660
Required Revenue$100k/yr$10K/monthN/A$50K/year$100,000 per year
Product Details
Borrowing Amount$6K - $100K$5K - $5M$2K - $5M$1K - $100K$20,000 - $150,000
Draw Term Length6 months6 monthsVaries12 weeks18 months
Draw FeeNone (monthly $20 maintenance fee)1.50% per drawVariesNone2%
APRStarts at 13.99%21% - 65%Varies12% - 54%7.99% - 29.99%
Repayment FrequencyWeeklyWeeklyVariesWeeklyMonthly
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