Are you worried you don’t have a good enough credit history or sufficient collateral to get a loan for your new business? You’re in luck. At Whitefish Funding, we offer a type of loan that doesn’t require collateral. Our unsecured business lines of credit are ideal for startups or businesses that have fallen on hard times. While there is a minimum credit score required in order to qualify, you don’t need to worry about putting up any collateral.
Don’t get discouraged if you’ve tried to get a regular small business loan and failed. It may be best to start out with an unsecured business line of credit. That way you can build your credit and increase your borrowing capacity in the future. Here are a few additional reasons to apply for this type of credit line:
The size of your credit line will depend on a variety of factors, including your business revenue. Larger businesses with revenues of at least $1,000,000 often receive credit lines as high as $500,000. Businesses with no established revenue are more likely to be approved for a credit line between $25,000 and $50,000.
To start the no-obligation pre-qualification process for our unsecured business lines of credit, call us today. It will only take about 10 minutes of your time.
Fill out the form below and we will get in touch shortly to learn more about your business goals and help guide you to just the right financing product, completely free of charge.