Gain flexible, on-demand access to cash up to $500,000. Interest-only options on drawn balances, terms up to 36 months, and no minimum FICO score required.
My Commercial Funding provides revolving business lines of credit up to $500,000 with interest-only repayment options and draw terms up to 36 months. The program requires a minimum of 9 months in business and $14,000 in monthly business sales. There is no minimum credit score required, and interest is paid only on drawn funds.
Use, repay, and reuse your credit line as needed to manage seasonal ebbs, inventory, or payroll.
Keep payments highly manageable. Only pay interest on the money you actually draw out of your line.
We focus on your actual monthly revenue, meaning credit scores under 600 are fully welcome to apply.
Maintain a cash cushion for emergencies and expansion opportunities. Withdraw funds to your bank in just one click.
A business line of credit is a revolving credit limit you draw from as needed, paying interest only on the amount you use. Our lines run up to $500,000 with draw terms up to 36 months.
There is no minimum credit score for our line of credit program. Qualification is based mainly on revenue: at least $14,000 in monthly sales and nine months or more in business.
You repay only what you draw. Depending on the program, payments are interest-only or fixed monthly amortizations, and interest is charged only on the outstanding balance, not the full limit.
Yes. A line of credit is revolving, so principal you repay becomes available to draw again, up to your approved limit, for as long as the draw term is open.
A line of credit gives ongoing access to funds you draw as needed, which suits uneven cash flow, inventory and seasonal gaps. A term loan pays out one lump sum with fixed payments, which suits a single planned purchase or refinancing.
Common uses include covering cash-flow gaps between receivables, buying inventory, meeting payroll in slow months, handling seasonal swings and taking advantage of supplier discounts.