Business Line of Credit
through Empower Lend
Business Line of Credit through Empower Lend
The traditional way of improving your small business. Empower Lend provides business line of credit with flexible options that accommodate the unique production needs of your business. Each funding product offers valuable features that can help you accomplish your business goals.
- Business Line of Credit
Up to $500,000
- Decision as fast as 24 hours and funds in as few as 3 days
Term lengths from 3
months up to 5 years
Get a Business Line of Credit to access your capital when you need it.
A business line of credit (LOC) is a revolving loan that allows access to a fixed amount of capital, which can be used when needed to meet short-term business, needs.
A LOC is one of the tools a business can use to finance short-term working capital requirements, such as: Purchasing inventory.
A line of credit works like a credit card. With a business line of credit, you can borrow up to a certain limit — i.e, $100,000 — and pay interest only on the portion of money that you borrow.
Qualifications for a Business Line of Credit – Same Day Approval
*Based on past Empower Lend Customers
Business Line of Credit Frequently Asked Questions
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