Flexible Capital That's Always at Hand
Taking out a line of credit through The Business Backer can help your small business meet more financing needs today and tomorrow. Reliable access to funds allows you to purchase inventory, cover payroll or take a chance on a business opportunity.
You can make draws whenever you need, up to your available credit limit. As you pay back, those funds become available for use again. Plus, you'll only be charged on the amount you currently have drawn, not your total credit limit.
Time in Business
What You'll Pay With a Line of Credit
These are an example of the costs that come with our business line of credit. Your exact costs will depend on your annual sales, industry type, time in business and overall credit performance.
Business Line of Credit Advantages
Make a draw. Get funds as soon as the next business day, if approved.‡No Prepayment Penalties. Ever.
You can save on interest by paying early and only pay interest for the time you had money out.