Unsecured Business Lines of Credit
If you are putting together your company’s credit portfolio, you need to know how unsecured business lines of credit figure into you balance of financial products. Not only do credit lines let you have purchasing flexibility as you need it, they also give you the opportunity to ease your cash flow by using them to consolidate your outgoing expenses. Most importantly, they are revolving, so as you pay them down you can simply use them again without another application for credit.
Our Unsecured Business Lines of Credit
When you take out a line of credit with Norris Commercial Capital, you get a few assurances from us no matter how big or how small your credit line winds up being:
- Interest rates 1 to 5 percentage points over the published federal rate
- Zero percent introductory financing periods
If you have a smaller company, you can expect to access up to $50,000 with a new line of credit. Companies with incomes between $1 million and $10 million will find they can access up to $500,000 with an approved application.
Contact Us Today
For more information or for help with a fast preapproval credit check, contact us today. Our associates are ready to help you get the credit your business needs.
Tennessee is the 16th biggest state in the U.S. and is home to some of great cities like Nashville and Memphis. Tennessee has received an influx of people relocating from California, Florida, and several northern states because of the low cost of living, and the booming auto and healthcare industries. Nashville is one of the fastest-growing areas in the U.S. due in part to these factors. As of 2012, Tennessee was only 1 of 8 states that could report an asset surplus. Many major corporations call Nashville, Knoxville, or Chattanooga home such as Regal Entertainment Group, Fedex, and Autozone. Tourism has also made it a top 10 destination. Norris Commercial Capital is happy to assist Nashville, Knoxville, Memphis, the rest of Tennessee, and the U.S. with our commercial finance products. Contact us today at 865-585-0304.