Overview
If you’re a business owner in need of access to working capital, Quickline Credit business loans offers a range of products with fast-funding in 24 hours. The quick online application only takes 15 minutes to complete and doesn’t affect your credit. From there, a dedicated funding advisor will guide you through the lending process, so you can find the right loan product for your business needs. Even startups and new businesses could qualify, as Quickline Credit requires borrowers to be in business for just six months.
Revenued Business Loans At-A-Glance
- Term loans up to $10 million
- Accounts receivable up to $750,000
- Line of credit up to $10 million
- Invoice factoring
- Equipment financing
Features
Term Loan
Quickline Credit offers term loans up to $10 million with repayment periods of 6 to 36-months.
Accounts Receivable
Quickline Credit allows you to borrow up to $750,000 using accounts receivable with repayment periods of 3 to 12-months. In this case, the lender purchases future revenue from sales at a discount. Borrowers repay the loan over the agreed repayment period through daily or weekly payments.
Line of Credit
A business line of credit is available for up to $10 million. This gives business owners access to a revolving line of credit as needed. You can borrow up to the credit limit and only pay interest on unpaid balances.
Invoice Factoring
With invoice factoring, a business converts outstanding invoices due within the last 90 days into immediate cash by selling them to a third party (called a factor).
Equipment Financing
This type of loan enables business owners to finance equipment, using the equipment as collateral.
Application Process
Quickline Credit business loans has an easy online application through its website. Their form makes it straightforward to apply, walking you through step by step. You’ll need to provide information such as your desired loan amount, time in business, monthly revenue, and personal credit score. The application only takes about fifteen minutes to complete and will not affect your credit score at this stage.
From there, a dedicated funding advisor will reach out to discuss loan options. If approved, you can conveniently finalize all forms online and expect funding in as little as 24 hours.
Loan Terms
Quickline Credit business loans has a range of products available to help get the funding you need. Their flexible financing enables businesses to borrow $5,000 to $10 million with repayment periods from 3 to 36-months. Business owners can also explore other products, like line of credit or accounts receivable loans. If you’re not sure which type of loan best suits your situation, someone from their funding advisor team can help find the right loan for you.
In order to qualify, businesses must earn at least $10,000 in monthly revenue and have a credit score of at least 550. Even startups can qualify as Quickline Credit only requires at least six months in business.
Once approved, you can expect fast funding in as quickly as 24 hours. Business owners have the flexibility to use their loan for a range of purposes, whether to purchase new equipment, buy supplies, renovate, or invest in growth.
Repayment Terms
Quickline Credit business loans has flexible repayment terms, enabling business owners to choose the right option based on their needs and budget. Term loans from $5,000 to $10 million have repayment periods from 6 to 36-months. Businesses can also opt for alternative financing options, like a revolving business line of credit up to $10 million.
Customer Support
Quickline Credit doesn’t offer contact information directly through its website. Once you fill out an application, a funding advisor will get in touch to answer any questions and guide you through the lending process.
So what do customers have to say about their experience with Quickline Credit? The lender consistently receives positive reviews. The company boasts a 4.8/5 star rating on Trustpilot, and business owners appreciate the fast funding and helpful customer service.
