A business line of credit provides flexibility that a regular business loan doesn’t. With a business line of credit, you can borrow up to a certain limit. At Sheer Funding, a business is approved for a maximum amount of revolving credit and can draw down any amount.
How it works: Draw the cash you need directly into your business checking account at anytime. Only pay interest on what you draw. Your line will be automatically deducted from your business account, so you don’t have to work about missing due dates. Fixed weekly payment. Common uses include: accounts receivable gaps, new opportunities and unexpected expenses.
