Tag Archives: Determining

Determining How Much You Can Borrow Through a Business LOC

This is one of the most often asked questions among business owners. The amount you can borrow through a business line of credit depends on many factors. These include:

 

How much is your business currently earning?
Are you currently in business?
If so, how long have you been in business?
How much tangible collateral do you have to offer?
What is your current credit score?
How much money do you truly need to borrow through a business LOC?

 

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