{"id":187,"date":"2023-03-15T08:22:53","date_gmt":"2023-03-15T08:22:53","guid":{"rendered":"https:\/\/yourfinancepartners.com\/?page_id=187"},"modified":"2023-03-16T00:51:39","modified_gmt":"2023-03-16T00:51:39","slug":"business-line-of-credit","status":"publish","type":"page","link":"https:\/\/yourfinancepartners.com\/loan-services\/business-line-of-credit\/","title":{"rendered":"Business Line of Credit"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"187\" class=\"elementor elementor-187\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-34ae3aea e-flex e-con-boxed e-con e-parent\" data-id=\"34ae3aea\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-49c3489c e-con-full e-flex e-con e-child\" data-id=\"49c3489c\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4dcdb0c2 elementor-widget elementor-widget-image\" data-id=\"4dcdb0c2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/yourfinancepartners.com\/wp-content\/uploads\/2023\/03\/services-business-line-2-1.jpg\" class=\"attachment-large size-large wp-image-189\" alt=\"\" srcset=\"https:\/\/yourfinancepartners.com\/wp-content\/uploads\/2023\/03\/services-business-line-2-1.jpg 800w, https:\/\/yourfinancepartners.com\/wp-content\/uploads\/2023\/03\/services-business-line-2-1-300x150.jpg 300w, https:\/\/yourfinancepartners.com\/wp-content\/uploads\/2023\/03\/services-business-line-2-1-768x384.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4ab36782 e-con-full e-flex e-con e-child\" data-id=\"4ab36782\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-421cce3c elementor-widget elementor-widget-text-editor\" data-id=\"421cce3c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Seek flexible loans conveniently with expert assistance<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2afa35c8 elementor-widget elementor-widget-heading\" data-id=\"2afa35c8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 25-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Business Line of Credit<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e6872e8 elementor-widget elementor-widget-text-editor\" data-id=\"3e6872e8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>This revolving loan is a flexible line of credit available to businesses for the short-term. The best part of this loan is that companies can draw as little or as much of the available credit as needed. As they pay back the loan, the amount in the line of credit replenishes, thus giving them the same amount of credit limit to draw from. This way, businesses can access more funds as and when needed.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-45f9729b e-flex e-con-boxed e-con e-parent\" data-id=\"45f9729b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-3108ebe9 e-con-full e-flex e-con e-child\" data-id=\"3108ebe9\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4ee8ee7 elementor-widget elementor-widget-heading\" data-id=\"4ee8ee7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">When to Apply for Business LOC?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ae8a9f0 elementor-widget elementor-widget-text-editor\" data-id=\"6ae8a9f0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Business Line of Credit is best applied and used for short-term working capital requirements.<\/p><ul><li>It can be used for purchasing inventory<\/li><li>Repair and maintenance of business equipment<\/li><li>Financing or marketing a campaign<\/li><li>Maintaining business cash flow<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c9f8e6 elementor-widget elementor-widget-heading\" data-id=\"c9f8e6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Types of Business Line of Credit<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b00bed7 elementor-widget elementor-widget-text-editor\" data-id=\"3b00bed7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The business line of credit is of two types:<\/p><ul><li>Secured LOC: Approved against short term collateral or guarantee<\/li><li>Unsecured LOC: Approved against personal guarantee or a general lien<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2691dd3d elementor-widget elementor-widget-text-editor\" data-id=\"2691dd3d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Both of these are short-term loans, but unsecured loans are limited to smaller amounts and require a strong credit profile to apply for. They also incur higher interest rates.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23a17d99 elementor-widget elementor-widget-heading\" data-id=\"23a17d99\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How It Works?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54a813e7 elementor-widget elementor-widget-text-editor\" data-id=\"54a813e7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>When a borrower applies for a Business Line of Credit, they gain access to a small pool of funds.<\/li><li>Whenever a business requires, it can draw money from that credit pool in lieu of monthly or weekly payments along with the interest rate.<\/li><li>Furthermore, there can be an annual fee and transaction fee applicable to LOC.<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-716b1095 elementor-widget elementor-widget-heading\" data-id=\"716b1095\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to Apply?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57922d3b elementor-widget elementor-widget-text-editor\" data-id=\"57922d3b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Applying for a business line of credit is a simple 3-step process:<\/p><ol><li>Simply fill out a form to contact our consultants.<\/li><li>They will contact you to retrieve essential business information.<\/li><li>We connect you to suitable lenders with the lowest premiums and guide you through the process.<\/li><\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-67353c67 e-con-full e-flex e-con e-child\" data-id=\"67353c67\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-6e8aa7b3 e-con-full e-flex e-con e-child\" data-id=\"6e8aa7b3\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6080c2e5 elementor-widget elementor-widget-global elementor-global-160 elementor-widget-html\" data-id=\"6080c2e5\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"full-width-cta\">\n  <i class=\"fas fa-hand-holding-usd\"><\/i>\n  <h3>Ready to Grow Your Business?<\/h3>\n  <p>Take the first step towards securing the financing you need with Your Finance Partners.<\/p>\n  <a href=\"\/apply\" class=\"cta-button\" style=\"color:white !important;\">Apply Now<\/a>\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77c8e866 elementor-widget elementor-widget-global elementor-global-163 elementor-widget-html\" data-id=\"77c8e866\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"contact-info-cta\">\n  <i class=\"fas fa-phone\"><\/i>\n  <h3>Have Questions?<\/h3>\n  <p>Our team is here to help you with any inquiries.<\/p>\n  <p> <strong>1-702-468-9729<\/strong><\/p>\n  <p><strong>info@yourfinancepartners.com<\/strong> <\/p>\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62dea7c2 elementor-align-justify e-transform elementor-widget elementor-widget-global elementor-global-47 elementor-widget-button\" data-id=\"62dea7c2\" data-element_type=\"widget\" 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Now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Seek flexible loans conveniently with expert assistance Business Line of Credit This revolving loan is a flexible line of credit available to businesses for the short-term. The best part of this loan is that companies can draw as little or as much of the available credit as needed. As they pay back the loan, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":114,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/yourfinancepartners.com\/wp-json\/wp\/v2\/pages\/187"}],"collection":[{"href":"https:\/\/yourfinancepartners.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/yourfinancepartners.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/yourfinancepartners.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourfinancepartners.com\/wp-json\/wp\/v2\/comments?post=187"}],"version-history":[{"count":0,"href":"https:\/\/yourfinancepartners.com\/wp-json\/wp\/v2\/pages\/187\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/yourfinancepartners.com\/wp-json\/wp\/v2\/pages\/114"}],"wp:attachment":[{"href":"https:\/\/yourfinancepartners.com\/wp-json\/wp\/v2\/media?parent=187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}