As a business owner, we're sure you wear many hats and also have SO many ideas for where you want to go. Let us bridge the gap to fund payroll, new location, upgraded supplies or anything between
A business line of credit is a type of funding that allows you to borrow from a set amount of money. You’re given a credit limit, and within it you can draw what you need, when you need it. You only pay interest and fees on what you borrow.
Compared to a business loan, a business line of credit is typically used to cover recurring business expenses or bridge cash flow gaps. With OnDeck, you replenish your available funds as you repay what you borrow. This is known as a revolving business line of credit. To help you build your credit history, we report your payment history to the business credit bureaus.
Please contact us if you cannot find an answer to your question.
Lenders will want to see financial records and other documentation that show your business is able to take on debt.
It’s a good idea to gather all the necessary information before you apply for a line of credit. Some basic information you need could include:
Consider speaking with your accountant to make sure you’re familiar with these documents. Your lender may have questions and you’ll want to be prepared to discuss the financial health of your business.
After completing your application and submitting your documents, you will have a funding decision in 24 to 48 hours.
Take 3 minutes to answer a few questions below about your business and one of our account executives will reach out
Take 3 minutes to answer a few questions below about your business and one of our account executives will reach out
After through review of your business needs and health, receive a funding offer ranging from $50,000 to $250,000!
CORNEH CAPITAL FUNDING - ALL RIGHTS RESERVED 2024.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.