With an Unsecured Business Line of Credit (LOC) from 1 Umbrella Funding, you can access the capital you need at any time. If you have been in business for at least 2 years, you can get approved for up to $55,000.
The best part is that you will only pay interest on the amount you draw, not on the entire loan amount. We have no pre-payment penalties. Pay early and save on interest.
Expand your business today with1 Umbrella Funding's instant line of credit.
Loan amounts: $5,000 to $55,000
Terms: 6, 9, and 12 months
Minimum credit score: 550
Fast and easy online application
24 Hour approval and same day funding
Early payment discounts (save on interest)
Interest Rates starting at 15%
A line of credit gives you access to funds up to your credit limit which can be borrowed and paid back multiple times while only paying interest on the money you borrow. This is a flexible and typically unsecured way to borrow money for seasonal businesses or businesses that need help managing cash flow or handling unexpected expenses.
These loans offer the most flexible borrowing solutions that are typically offered with no collateral required. Business lines of credit are best for short term business needs and seasonal businesses to manage cash flow.
These loans may have a miniatous or withdrawal and may require good credit and consistent revenue but this is where 1 Umbrella Funding comes in to help.