Business loans are great, but they’re not always the right choice for entrepreneurs. If you have recurring financial needs, such as inventory purchases or payroll, loans are too time-consuming to be useful. In those cases, unsecured business lines of credit are a better choice. At Magenta Commercial Capital, we make it relatively easy for small business owners to get financing anytime and for any need.

Our unsecured business lines of credit include:

• Amounts up to $50,000 for new businesses
• Amounts up to $500,000 for existing businesses with annual revenues up to $10 million
• No collateral required
• No subprime loans
• 0% introductory offers
• 1% to 5% interest over prime for large credit lines

Why Are Lines of Credit Helpful for Your Business?

When you have a revolving line of credit, the funds are available for use 24/7. Whether you experience a business emergency or want to take advantage of inventory discounts, you can use your line of credit immediately, no questions asked.

There are no loan boards that have to sign off on purchases. You can run your business the way you want and adapt effortlessly to changing markets. This freedom gives you an edge when it comes to growing your profits and lowering your operating costs.

How Do Unsecured Business Lines of Credit Work?

With an unsecured credit line, you don’t need to use any collateral for financing. You qualify based on your business’s credit rating only. We provide competitive interest rates and flexible repayment terms. That way, your business has plenty of room to breathe and you can manage your cash flow smoothly.

Contact us today to learn more about this amazing financing option.