Cash Line of Credit
Most banks offer business cash lines of credit. The terms, rates and requirements for these lines of credit vary from bank to bank. When applying for a cash line of credit, you can use your bank or you can use our bank contacts.
We cannot guarantee that we will be able to help you obtain a cash line of credit. Doing so would be dishonest and unethical. No one other than a bank can guarantee the approval of a cash line of credit. We have access to bank programs that range from $50k – $2MM. All line of credit applications are pursuant to our “Funding Agreement” document.
We suggest that our clients build a substantial amount of active business credit BEFORE applying for a cash line of credit. Having said that, occasionally, we have clients who have strong personal credit profiles and they wish to apply for a business cash line of credit. We will help them, if that is the route they choose – but we cannot, will not and will never guarantee the approval of cash credit in any amount.
Choosing a Consulting Company
We have a list of don’ts that we suggest for our clients. Take a few minutes and review.
Some of the best advice we can give our clients is…
-never work with a company that guarantees cash credit.
-never work with a company that is not completely honest and up front with you.
-never work with a company who claims that they sell “cash lines of credit.”
-never work with a company that suggests that you falsify or forge financial or tax documents.
-never work with a company that sells entities with cash or vendor credit attached.