Flexible Business Lines of Credit

A Business Line of Credit from BH Capital Funding is a versatile financing option that allows businesses to access funds as needed, providing the flexibility to manage cash flow, cover unexpected expenses, or take advantage of new opportunities.

Key Features:

  1. Flexible Access to Funds: Draw only what you need, when you need it, up to your credit limit.

  2. Revolving Credit: Repay and reuse the credit line, similar to a credit card, which provides continuous access to funds.

  3. Competitive Rates: Benefit from competitive interest rates that make managing your business expenses more affordable.

  4. No Hidden Fees: Transparent terms with no hidden fees, ensuring you know exactly what you're paying for.

Benefits:

  • Improved Cash Flow: Smooth out cash flow fluctuations by having funds readily available.

  • Financial Flexibility: Use the credit line for a variety of business needs, from purchasing inventory to covering payroll.

  • Quick Access: Get fast access to funds without the lengthy application process typically associated with traditional loans.

  • Credit Building: Help build your business credit score with responsible use and timely repayments.

How It Works:

  1. Application: Simple and quick application process.

  2. Approval: Fast approval times, ensuring you get access to funds when you need them.

  3. Draw Funds: Access your line of credit as needed, only paying interest on the amount drawn.

  4. Repayment: Flexible repayment terms, allowing you to repay the balance as you use it.

Lending Criteria: To qualify for a Business Line of Credit with BH Capital Funding, your business should meet the following criteria:

  1. Established Business: Must have been in operation for at least 6 months.

  2. Revenue Requirements: Minimum annual revenue of $100,000.

  3. Credit Score: A good personal and business credit score, typically above 600.

  4. Financial Documentation: Up-to-date financial statements, including profit and loss statements, balance sheets, and cash flow statements.

  5. Legal Documentation: Proof of business registration, operating agreements, and any other relevant legal documents.

  6. Collateral: Depending on the amount requested, collateral may be required.

Eligibility:

To qualify for a Business Line of Credit with BH Capital Funding, your business should have a stable revenue stream and a good credit history. Specific eligibility criteria may vary, and we work with businesses to understand their unique financial situations.

For more information on our Business Line of Credit, contact our support team.