Unsecured Revolving Line of Credit

Running a successful business requires hard work as well as resources to keep day to day operations on track. To help keep operations running smoothly Sovereign Commercial Capiral offers one of the best available unsecured revolving lines of credit. Some of its stand-out features include: no collateral, flexible credit requirements, terms up to thirty-six months, flexible time in business and minimal paperwork, with speedy underwriting and funding.

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No Collateral Required: With an unsecured revolving line of credit your assets remain unencumbered. This way you do not have to pledge collateral on loans of up to five-hundred thousand dollars for a single unit, and up to seven-hundred thousand dollars for multiple units. Qualified businesses can borrow up to one million dollars if they do choose to pledge unencumbered assets as collateral.

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Flexible Credit Criteria: Your business can qualify for financing if the guarantor has a minimum credit score of five hundred fifty-one for businesses who sell to consumers. Businesses who sell to other businesses require a guarantor with a minimum credit score of six hundred-one.

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Three Year Terms: Credit terms up to thirty-six months are available to keep payments low. This makes larger loan amounts available.

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Time In Business: If you sell to consumers and have been in business for at least thirty days and have actual or projected revenues of two hundred thousand dollars annually you may qualify. If you sell to other businesses and have been in business for two years you may qualify.

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Minimal Paperwork: Your unsecured revolving credit line does not require a review of tax returns and financial statements. All you need are three months of bank statements and a completed application. The review and due diligence can be completed in as little as three days.

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With an unsecured revolving line of credit your business has the flexibility to pursue growth opportunities and adapt to changes in real time as they occur. You borrow what you need, when you need it. Repayments to the line get added back to your available credit and you can pay off the balance at any time without a prepayment penalty. Now for a limited time your credit line has a Principal Pause Button. At your discretion, you can opt to make interest only payments for one four-week period, or two, two-week periods. This can lower your payments by as much as eighty percent during the pause period.

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Don't miss out on your next opportunity to grow your business. Call or email us today to secure your unsecured revolving line of credit. With Sovereign Commercial Capital we have funding solutions you can bank on.

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