FOR BUSINESS LINE OF CREDIT
Once approved, you will be able to draw loan funds at any time. They will be available for you as early as the next business day.
Each week, you will need to pay off the funds in fixed installments. The more you repay, the bigger amount of money (exclusive of fees) will be available to you again. Plus, if you pay off your loan early, we will waive all the remaining fees.
TWO TYPES OF BUSINESS LINES OF CREDIT
1. Unsecured line of credit. This option is one of the most sought-after loan solutions since it doesn’t require collateral. That said, its borrowing limits are typically smaller while its interest rates are higher as compared to a secured line of credit.
2. Secured line of credit. What makes this option advantageous for business owners is that it is available at a lower rate. Given that it is riskier for lenders, it needs to be secured by collateral, though.
Typically, the loan can be backed by capital, inventory, or accounts receivable which may be seized if you are unable to pay it off.
A business line of credit provided by Rifi Capital is based on the revolving credit. That means you can use the funds over and over again if you meet our lender’s pay-off requirements and get approved for the loan.
To get approved for our business line of credit, your business has to be in good standing for at least one year. If so, it will take you less than 24 hours to get approved. All you need is to connect your accounting software or business bank account to let us analyze your business situation.
WHAT IS A BUSINESS LINE OF CREDIT GOOD FOR?
Having a business line of credit provides you with extra flexibility and peace of mind when it comes to injecting money into your daily operations. It helps you avoid downtime and make sure things are running smoothly no matter what. As a small business owner, you can benefit from this loan solution in a variety of ways. Now you can grow your enterprise and expand your team without having to actually take a loan and go through a time-consuming application process. As a small business owner, you can benefit from this loan solution in a variety of ways. Now you can grow your enterprise and expand your team without having to actually take a loan and go through a time-consuming application process.
CONCLUSION FOR THE BUSINESS LINE OF CREDIT
Before applying, it’s recommended to consider such factors as the state of your business and the forecast for the coming year to find out what option will be your best fit.
The uses of a business line of credit funds are virtually limitless. Now you can easily deal with unexpected expenses down the road. If you enter a busy season, finance your expansion and everything in between.
THE SKY IS THE LIMIT WITH A BUSINESS LINE OF CREDIT
Whether You Want To Hire And Train New Employees, Buy Inventory, Have Working Capital Or Cashflow, Or Renovate Your Location,
The Business Line Of Credit Is The Way To Go.
How It Works
Our lenders are still eagerly funding deals. Here is an overview of our process to get you funded.
Get Started- It takes less than five minutes
Tell us about your business. Tell us about you. We will send you any forms that you need to docu-sign or documents you need to submit to put your funding package together.
We will follow up with you through your preferred method of communication.
Receive your funds.
Our technology makes it possible to have your funding decision or pre-approval within hours. Funds for business loans are available in as little as 24 hours. Funds for Real Estate Loans are usually available within 14-21 days.
Our Funding Options.
We’re Here To Support Your Business With Quick Access
To Funding. Apply For A Loan Today. Customizable Business And Real Estate Loans.
If Approved, Funding as Fast as the Next Business Day.
LET'S WORK TOGETHER
Rifi Capital is an online funding consulting company that assists business owners, real estate investors and consumers with Business Loans, Commercial Capital Loans,
and Personal Debt Consolidation.
We perform this service for you at no out of pocket costs to you.
Who we serve
We serve and consult all
businesses and consumers
in the United States of America