Applying for a line of credit through a traditional bank often requires extensive paperwork to demonstrate steady cash flow and a strong credit score, with no guarantee of approval even after all the effort.
At Blueleaf Capital, we simplify the process with more flexible requirements. To qualify for an unsecured line of credit, your business needs to have at least 2 years of operation and $20,000 or more in monthly revenue. Once your application and revenue are reviewed, you’ll receive a decision and a detailed offer with rates and terms within 24 hours.
If approved but you don’t need to access funds immediately, that’s no problem. Interest is only charged on the money you use. If no funds are drawn, you won’t owe anything.
Benefits
- Loan amounts: $5,000 to $55,000
- Terms: 6, 9, and 12 months
- Minimum credit score: 550
- Pay only for the money you use
- Fast and easy online application
- 24 Hour approval and same day funding
- Program available in all 50 states
- Early payment discounts (save on interest)
- Interest Rates starting at 15%
Requirements
- Time in Business: 2 years min.
- Monthly Revenue: $20K avg.
- Business Bank Statements: 4 months
- Overdrafts: Less than 5 negative days per month
- Minimum Credit Score: 550
