Skyline Business Capital | Business Line of Credit

working capital when you need it

Business Line of Credit

What is a Line of Credit for Small Business?

A small business line of credit online gives you access to the working capital you need when you need it without the obligations of a fixed term loan. With a business line of credit, you can draw as much or as little as you need as long as you don’t exceed your credit limit. You have the flexibility to draw and repay as many times as you see fit, as long as your business is performing the same way or better than it was when your line of credit was approved. You’ll only pay a fee on the portion of money you draw.

Apply for alternative business credit from Skyline Business Capital online and get up to $500,000 in funding in just 24 hours. Lines of credit for small businesses can benefit attorneys, medical practices, construction companies, restaurants, retailers, and more. No matter what industry you operate in, our expert Funding Advisors will work closely with you to select the best funding option to help you achieve your business’s goals without sacrificing cash flow.

Business Line of Credit Online Rates

Online invoice factoring fees are based on the difference between the value of the invoice and our purchase price, your business’s and your client’s financial history and risk assessment, and factors like time to payment. Fees typically fall somewhere between 1-5% of the invoice’s total value for every 30 days the invoice remains unpaid.

1. Easy Application

Gather 3 months of bank statements and other records. For faster approval, grant us secure access to your bank account’s transactional data.

2. Choose Funding

A Funding Advisor will reach out to you within 1 hour (during regular business hours) to complete your application & discuss your funding options.

3. Get Funding

Once you and your Funding Advisor determine what funding option works for your business, your funds can be approved and deposited within 24 hours.

4. Setup Repayment

Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales. Payment amounts will be based on your sales.

Apply Now

We offer same-day commissions. We are willing to review virtually any industry and personalized underwriting paired with same-day approvals is our promise.