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Business Line of Credit Comparison

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Ease of ApplicationExcellentExcellentExcellentExcellent
Customer SupportExcellentExcellentExcellentExcellent
Borrower Qualifications
Required Time in Business6 months9 months12 monthsN/A
Required Credit Score600550600N/A
Required Revenue$10K/monthN/A$100k/yr$50K/year
Product Details
Borrowing Amount$5K - $250K$2K - $5M$6K - $100K$1K - $100K
Draw Term Length6 OR 12 monthsVaries6 months12 weeks
Draw Fee1.6% - 2.5% per drawVariesNone (monthly $20 maintenance fee)None
APR15% - 78%VariesStarts at 13.99%12% - 54%
Repayment FrequencyWeekly OR monthlyVariesWeeklyWeekly
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