Lines of Credit – Quick Cash for Commercial Needs

It sometimes doesn't matter how long you have been in business before some crucial moment. Such moments may become a turning point whether the enterprise survives or not. The decisive role often belongs to the quick access to cash. It’s always better to have enough money in case of emergency. That is just what Personal Money Service offers entrepreneurs in the dorm of business lines of credit and business revolving lines of credit. It allows you draw the money needed right into your corporate checking account at any moment, covering the interests only on what you draw. The balance can also be repaid early anytime.

Use Business Line of Credit


A business line of credit has been used by business owners for years. It is a convenient way to meet the needs of working capital or take advantage of investment opportunities. This kind of loans is flexible. They offer the borrower a specified amount of money, which is easy to access when needed and repaid when it’s convenient for the client. The entrepreneur may cover the obligations immediately or over a certain period of time. The interests are charged as soon as the money is withdrawn.

Every business line of credit has a preset limit the borrower is approved for and you cannot borrow more. Still, such loans are useful for the cases when there are repeated cash expenses with the amounts not defined. Also, when large cash deposits needed or vendors refuse to accept credit cards. Business loans of such kind may become a good source of emergency funds as well as a lower-risk revenue source. Anyway, for a business owner the access to quick cash basis may result in the possibility to take advantage of the new opportunities. If you are a women and you own a business, we recommend checking small business loans for women too.

Why Personal Money Service?

Whether you need a secured or an unsecured business line of credit, you have always two ways to follow: a traditional one and the non-traditional one. The traditional way is to go to a bank and be ready to provide piles of documents to match all their requirements. The bank will most likely need the company's registration documents, financials, personal and corporate tax returns, bank account information, etc. Actually, this is the most difficult credit to qualify for. More than that after the loan has been issued, you will need to maintain annual financial reviews.

Same time small business owners may enjoy the so-called non-traditional options issued by the cooperating lenders of our network.

Our online application process is completely paperless and qualifying procedures are not more complicated. To get started, you need to fill in basic personal and business information, including company name and address, structure, industry type, time in business, some financial data, credit score and the contact details of the owner.

Depending on your information, the lender will offer you the amount and the interest rates of the loan he is ready to grant you with. The APR starts from 13,99% and the amounts are available up to $100000. All the terms, conditions, rates and fees you should discuss with the loan provider directly, even of it's merchant cash advance business funding. Make sure you understand every detail before signing up the final agreement with the lender.

Whether you need to manage the receivable gaps of your account or unexpected expenses, apply for the funds right now!