Business Lines of Credit

Business Financing
Our firm works with an array of financial services to help our clients increase profitability and understand financial literacy when making business decisions. We work directly with our clients with complete transparency.

Loan Consolidation
At ML Services & LCP Group we are able to consolidate all of your debt and significantly save you the financial burden and leave you with some breathing room for your business.

Term Loan
We provide long term financing to profitable businesses and well qualified merchants with no need for a look at your credit score

Benefits of Business Lines of Credit

Flexible access to capital

A business line of credit offers flexible access to funds when needed.

Working capital management

It helps businesses manage working capital fluctuations effectively.

Interest only on utilized funds

You pay interest only on the amount you've borrowed.

Revolving credit

The credit line replenishes as you repay, providing ongoing access to capital.

Flexible use

Business lines of credit can be used for various purposes, enhancing financial versatility.

Builds credit history

Responsible use can help establish and improve your business's credit profile.

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"Highly recommended! Tailored the perfect loan for me."

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"Kickstarted my business journey. Thank you!"

Frequently asked questions

A business line of credit is a flexible financing option that allows businesses to access a predetermined amount of capital, similar to a credit card, for various financial needs.

 
 

Qualification criteria vary but often include factors such as the business’s creditworthiness, revenue, time in operation, and the personal credit of the business owner.

 

Interest is typically calculated only on the amount of funds you’ve drawn from the credit line, not the entire credit limit, which can result in cost savings.

 
 

With a business line of credit, you can draw funds up to a specified credit limit, repay them, and then borrow again as needed, making it a revolving source of capital.

 

Business lines of credit can be used for various purposes, including covering operational expenses, purchasing inventory, managing cash flow, or seizing growth opportunities.

 
 

Business lines of credit offer flexibility, ongoing access to capital, and the ability to manage working capital efficiently, making them ideal for businesses with fluctuating financial needs.

 
 
 

Get access to funding and solutions built for scale, speed, and you.