Business Line of Credit
You’ve got big plans to grow your business, but all you’re missing is the capital to make it happen. Whether it’s an expansion project, renovations, some new equipment, or another location, Blue Tree Funding has your back.
Our Line of Credit quickly puts up to $750,000 at your fingertips – collateral free.
Only Pay for What You Borrow
You’ve got big plans to grow your business, but all you’re missing is the capital to make it happen. Whether it’s an expansion project, renovations, some new equipment, or another location, Blue Tree Funding has your back. Our Line of Credit quickly puts up to $750,000 at your fingertips – collateral free. Use the funds as needed and only pay for what you borrow. The initial line can be approved in 24 to 48 hours, with 24-hour access to 5 separate loan drafts over the next 6 months.
Even without an immediate need, business owners are establishing lines of credit now. Being prepared is smart. Business owners know opportunities and/or issues can arise quickly and having committed working capital at the ready allows them to be prepared for the unexpected!
What is a Business Line of Credit?
A line of credit is an approved amount of committed working capital extended to small business owners allowing them to draw upon when the need arises. This type of financing allows merchants to pull funds from their line as needed and only pay interest on the money they take. Owners have 24-hour access to 5 separate loan drafts over a 6 month period. You can even request funds online!
Line of Credit Advantages
- Loan amounts are available from $5,000 to $750,000 with no collateral required with repayment terms up to 36 months.
- Lock in your best rate for the next 6 months with a minimum first draft of only $10,000.
- Use the funds as needed and make low, fixed weekly payments. Our line of credit is a business loan not a cash advance, so repayment is not tied to your daily credit card receipts.
- Quick online approvals and fundings in less than a week. Line drafts are normally processed in 24 hours.
- Combine our Business Line of Credit with our Flex Pay Loan and you can defer up to 50% of the principal into the future for more affordable payments now, and pay it back when the time is right.
- The interest you pay is tax deductible, further lowering your cost of funds, and early payoff options are available.
Fast & Convenient
Each line of credit draft you take has it’s own fixed weekly payment, allowing you to confidently budget as you access your funds over time.
Low, Fixed Payments
Get approved for a Blue Tree Funding Line of Credit and enjoy 24-hour access to loan amounts from $5,000 to $750,000. It’s quick, easy and low doc.
Unsecured Terms
Being prepared has never been easier with no need for collateral, minimum bank balances or typical mandatory annual paydown requirements.
Keeps You in Control
With our Line of Credit you’re in charge! Take one draft or all five. Consolidate your payments into one, refinance and up your availability, or extend the line after six months.
Common Uses for our Line of Credit
- Equipment financing
- Purchasing inventory in bulk for volume discounts
- Renovations and remodels
- Expansion projects
- Pay for franchise obligations
- Take the leap and open another location
- Obtain a liquor license
- Operational capital for slow, seasonal periods
- Add catering and take-out services
- Upgrade your POS / Computer System
- Remodel your kitchen for maximum efficiency
- Buy out a business partner
- Invest in outdoor signage and landscaping
- Start a new advertising / marketing campaign
- Pay your business taxes
- Consolidate and pay off more expensive debt
Minimum Qualifications
Industry Type
We lend to more than just restaurants. Over the years we’ve expanded our list of approved industries.
Credit Score
You don’t need to have perfect credit to qualify for Bankroll. Business owners with an Equifax Credit Score of 551 or higher can qualify.
Time in Business
Applicant must own the business. The business must be open and operating under the same ownership for at least one month (30 days).
Annual Sales
Your business must generate a minimum of $17,000 per month in sales ($200,000 annually) from both credit card and cash.
Why Blue Tree Funding?
Blue Tree Funding prioritizes our clients needs so they can provide care to their patients to the absolute best of their ability. We offer flexible terms, payment options, asset management, and easy upgrades- unlike any other leasing or financing provider in the industry. Our goal is to help our clients fulfill the immediate needs of their practice while providing long-term support for the success and growth of their business.
Why Blue Tree Funding?
Blue Tree Funding prioritizes our clients needs so they can provide care to their patients to the absolute best of their ability. We offer flexible terms, payment options, asset management, and easy upgrades- unlike any other leasing or financing provider in the industry. Our goal is to help our clients fulfill the immediate needs of their practice while providing long-term support for the success and growth of their business.