Funding

A business line of credit built for growth

 

Same day funding and approval

Pay for what you use.

Up to $10M revolving line of credit

Launch now

Credit limits of up to $10M

 

Both unsecured and secured revolving Lines of Credit that can either be subordinating to your existing bank line or first position replacing your line.

Take control of your working capital

Expand your business, open new locations

Purchase equipment and inventory

Small business Biz-Pay made simple

 

 

 


Pay only for what you use from your credit limit

 

Replenish available credit after every payment

 

Get low payments with repayment terms of up to

18 month

 

No origination fees or pre-payment penalties

What is a line of credit?

A business line of credit allows borrowers to withdraw funds up to an agreed-upon credit limit and only pay interest on the amount drawn. It is revolving because you are able to withdraw funds, pay back a portion or all of those funds, and borrow more funds up to your credit limit. Funds are available on-demand and take as little as a few minutes or up to 1-2 business days to reach your bank account.

For example, a line of credit for $100,000 could be extended to your company. The business could take the full $100,000, or only take $5,000. They would only be charged interest on the amount they took so they could use their line of credit like a credit card.

Unlike business loans, which provide a fixed lump-sum amount upon opening an account, a business line of credit provides working capital to businesses in the form of a credit limit that you can use to withdraw funds up to the maximum amount. If you don’t need the funds today, that’s fine, you can draw funds later on when you need working capital.

The mechanics of a business line of credit are like a credit card; however, whereas you use your credit card in exchange for goods and services, you use your business line of credit to withdraw funds that are deposited into your bank account. You can then use these funds as working capital, to invest in your business, or pay expenses right from your business bank account.

Contact

3220 Tillman Dr, Suite 200

Bensalem, PA 19020

 

855-850-2176

 

info@biz-pay.com

Biz-Pay® is an associated partner of a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA. and Esquire Bank, N.A., Jericho, NY. Designated trademarks and brands are the property of their respective owners. American Express may require separate approval. The Clover name and logo are owned by Clover Network, Inc. a wholly-owned subsidiary of First Data Corporation, and are registered or used in the U.S. and many foreign countries.