What is a Business Line of Credit?
A business line of credit is a flexible financial tool that business owners can use to access funds when capital is needed. As with all businesses, cash flow varies and having a business line of credit at the ready is a smart way to navigate opportunities or hiccups.
The deregulation of the banking industry has created great opportunities like this for business owners in Virginia Beach, Norfolk, Chesapeake, Newport News, Hampton, Portsmouth, Suffolk, Yorktown, Williamsburg, Smithfield, Isle of Wight, Poquoson, and the Eastern Shore.
With a business line of credit, you will have the flexibility to borrow up to a set amount—typically anywhere from $5,000 to $250,000. Draw on your business line of credit to handle cash flow gaps, get more working capital, jump on opportunities, or get through an emergency.
The good news is, you only pay interest on what you use.
Our service area includes Virginia Beach, Norfolk, Chesapeake, Newport News, Hampton, Portsmouth, Suffolk, Yorktown, Williamsburg, Smithfield, Isle of Wight, Poquoson, and the Eastern Shore. We also offer business owners invoice factoring, merchant cash advances, small business loans, cash flow loans, term loans, equipment financing, and equipment loans.
We work with all types of businesses in Hampton Roads, from younger less established businesses to older more established businesses with good credit and a solid financial history. All are perfect candidates for our business line of credit programs.
Why Us Instead of a Bank?
A business line of credit application is very easy, with 24-hour approvals and a streamlined funding process being the norm (APPLY ONLINE HERE). On the other hand, traditional banks will have extensive credit applications, paperwork, collateral requirements, and longer funding times.
If you are looking for a business line of credit and an honest partner to help grow your business, please contact us at (800) 628-1001 or funding@allmerchantfunding.com. Thank you!
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About All Merchant Funding
Our company is located in Chesapeake and serves businesses in Virginia Beach, Norfolk, Chesapeake, Newport News, Hampton, Portsmouth, Suffolk, Yorktown, Williamsburg, Smithfield, Isle of Wight, Poquoson, and the Eastern Shore. Clients count on us for many types of financing like a business line of credit, invoice factoring, merchant cash advances, small business loans, cash flow loans, term loans, equipment financing, and equipment loans. If 24 hour approvals with a streamlined funding process is what you need to grow your business, All Merchant Funding is for you.