Unsecured Business Lines of Credit
A Fast Alternative to Typical Loans
If you have a good credit profile and just need a small business credit line, then an unsecured business line of credit could be the exact solution for you.
What Is Unsecured Credit?
Unsecured business lines of credit requires no collateral, with loan amounts determined entirely on the business profile in question. Because this represents an inherent risk on behalf of the lender, we limit our credit amount to less than $50,000 in typical cases.
Credit Lines For Startup Businesses
Because revenue is not taken into account, unsecured credit lines can be a good source of capital for startup businesses. A startup can qualify for a $25,000 loan based on their credit history alone.
Established Business Options
Unsecured credit lines can be ideal for new businesses, but established businesses can also benefit from this. An established business earning over $1 million in revenue could receive between $100,000 and $500,000.
Aside from increased credit lines based on revenue, other benefits of applying for a line of credit from Pegasus Commercial Capital Advisors include:
- No collateral required for qualifying businesses
- 0% introductory offers and 1 to 5% interest rates for large credit lines
- No subprime loans; you either qualify or not
Contact us today to learn if you can expand your businesses with an unsecured credit line.