We help businesses access real bank lines of credit.
- No credit check to apply
- No application fee
- No expensive rates (most lines at 8.5% Prime Rate)
- Monthly payments (not daily or weekly)
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
You sure can, but why? There are over 4,377 commercial banks in the United States with tens of thousands of branches and not all offer lines of credit. Even those banks that do, may not be able to approve your unique business. For example, some banks have minimum credit or revenue requirements. Line of Credit Depot holds the key for Unsecured Business Lines of Credit. With one application, you can access hundreds of banks that want to issue your business a line of credit.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
Line of Credit Depot’s streamlined platform was developed because of specific feedback from business owners all across the United States, just like you. Business owners are constantly looking for ways to fund their business, besides expensive merchant cash advances (MCA’s). Lines of Credit are the perfect option to sustain financial needs of a small business and that’s all we offer! Over the past decade we have compiled and vetted hundreds of banks that actually issue lines of credit for their customers. Line of Credit Depot is the largest national platform to link small businesses with real lines of credit.Iron Capital Equities is the parent company of Line of Credit Depot.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
The pre-approval process takes a couple of hours and you can expect guaranteed offers within a day or two.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
A personal credit score above 680 FICO will garner the best approvals. We advise clients who have a lower credit score to apply, as we have other line of credit options available. Also, we offer credit restoration services to increase your credit score.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
Since there is no risk to apply, the best way to see if your business would qualify for a line of credit is by applying here.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
Although rates vary from bank to bank, our clients generally see rates between 4% and 8% annually on their business lines of credit.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
There is no upfront fee. In fact, the only fee would be an activation fee if you decide to move forward with an offer, charged upon facility activation.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
No. Although line of credit proceeds can be used to pay off more expensive debt, our banks do not require you to pay off existing business debts.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
Almost all industries will qualify for a business line of credit. We do not work with vice industries such as; gambling, adult, etc.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
The offers that are generated for applicants are the maximum banks will approve your business. Individual lines are capped at $500,000. One thing to remember is that your business can activate multiple lines simultaneously from different banks.
After you apply with Line of Credit Depot, we start working to find a partner bank that will be interested in extending a credit line for your business. There are many different data points our platform uses to understand which banks will garner the best approval. For example, if a construction company is being pre-underwritten in our portal, our technology knows which banks in that state work with construction companies that make over $1 million and less than $5 million per year, with a time in business of 3 years. This pre-underwriting tells us which of our partner banks are most likely to approve the business for a line of credit. So, instead of applying blindly to tons of banks in your area, we take care of this for you.
Since we only focus on business lines of credit, we do not offer any other programs. Our parent company, Iron Capital Equities does in fact offer many other small business financing options.