Business Line of Credit Comparison

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Ease of ApplicationExcellentExcellentExcellentExcellentExcellent
Customer SupportExcellentExcellentExcellentExcellentExcellent
Borrower Qualifications
Required Time in Business1 year1 year6 months9 monthsN/A
Required Credit Score620600600500N/A
Required Revenue$25K/year$100K/year$5K/month$75K/yearN/A
Product Details
Borrowing Amount$5K - $100K$20K - $100K$5K - $50K$15K - $100K$1K - $100K
Draw Term Length3 - 36 months18 months6 months6 months12 weeks
Draw Fee2.95% per draw2% per draw1.50%none (monthly $20 maintenance fee)0.5% - 0.7% per week
APR7% - 39.99%7.99% - 29.99%21% - 65%13.99% - 39.9%12% - 54%
Repayment FrequencyWeeklyWeeklyWeeklyWeeklyWeekly
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