RevoLVing Line
of Credit
Do you need additional cash to make your business run more efficiently? Are you feeling the strain of lacking enough money to purchase inventory, fund marketing, overcome seasonal sales slumps, and more? ViewRidge Funding can access quick cash with a revolving line of credit.
What is a Revolving Line of Credit?
Quickly access funds for small expenses and only incur interest on the amount used, not the total limit. When you secure a revolving credit account, the lender sets your credit limit, which decreases when you make purchases. Making payments typically restores your available credit while maintaining your overall limit. You can choose to pay off the balance at the end of each billing cycle or carry it over, known as “revolving” the balance. To avoid penalties ensure that the minimum payment amount is met.
How Does it Work?
A line of credit operates much like a business credit card. You can access only the funds you require from your approved limit, and you'll only be charged interest on the amount you utilize. Additionally, you can make fixed weekly payments and have the flexibility to pay it off early without incurring any penalties.
Benefits

Flexibility
Businesses only borrow what they need, making it ideal for managing cash flow variations, covering short-term expenses, or quickly seizing opportunities.

Access to Capital
Continuous access to a set credit limit, providing a safety net for unexpected expenses or growth opportunities without needing to apply for new financing each time.

Lower Interest
Businesses only incur interest on the borrowed amount, not on the entire credit limit. The interest paid is generally lower than that of credit cards or merchant cash advances.

Cash Flow
A line of credit can assist in managing cash flow fluctuations, enabling businesses to meet operational costs and pay bills during times of decreased revenue.
Does my Business Qualify?
A line of credit provides immediate access to funding whenever it's required, allowing you to borrow only what you need rather than the entire approved limit at once. Typically, a small business will need owners with robust credit scores, a solid financial history, and adequate collateral to qualify for a line of credit.
All you need to Qualify is:
- 500+ Fico Score
- 6+ Months in Business
- 3 Most Recent Business Bank Statements
- $8K+ Avg. Monthly Revenue