Unsecured Business Lines of Credit
Use a Line of Credit To Access Flexible Funds
When you need working capital, you don’t want to be limited in how you can use it. The good news is, unsecured business lines of credit offer the ultimate flexibility. That’s why Khashola Capital offers them as one of our commercial financing options.
How Unsecured Business Lines of Credit Differ From Traditional Loans
With a traditional loan, you get a lump sum at the beginning of the term and have to make monthly payments. During that time, interest accrues on the principal.
An unsecured business line of credit, in contrast, allows you to draw funds as you see fit. You only pay interest on the total principal you’ve drawn, and once that’s repaid, you can pull those funds again.
How Your Company Can Benefit
Choosing a line of credit offers several benefits:
- No collateral requirements
- No subprime loans
- Introductory rates of 0%
Additionally, Khashola Capital is happy to work with both established businesses and startups. If you have reliable revenue, you can qualify for as much as $500,000. Startups may be eligible for up to $50,000.
How You Can Apply
The representatives at Khashola Capital are ready to answer your questions and guide you through the application process. To find out more or to get started, reach out to us today.