How Our Process Works

Premium Business Credit works with over a hundred national, regional, and local lenders and credit unions. Our experts are consistently tracking each and every lender’s trends and requirements, and use this data to optimize your financing mix so that you receive the most capital, with the lowest interest rate, as quickly as possible.

low interest rates

Low Interest Rates
as low as 6.99% for FULL DOC applicants. As low as 8.99% for STATED INCOME applicants.

no restrictions on use

No Restrictions on use
Use all our credit lines can be used same as cash. We do not burden our clients with vendor credit lines (I.E. BP credit lines, Office Depot credit lines, Staples credit lines).

no collateral unsecured

No collateral / Unsecured
All credit lines are unsecured. We do not collateralize or lien against any work equipment, commercial property, or personal property.

no doc or full doc

No Doc or Full Doc
We have products that tailor to how established your business is. If your business is a start up, we have No Doc products available. If your business is established and showing profit, we have full doc products available.

bad credit ok

Bad Credit OK
Your personal credit doesn’t concern us much, as long as your customers are established businesses!

funding grows with your business

Funding Grows with Your Business
As your business gets more customers and invoices, you may increase the amount you wish to finance!

We Match You Based On

Business Industry

Business Industry

Location

Location (Home Based, Commercial)

personal credit history

Personal Credit History

geographic location

Geographic Location

sic code

N.A.I.C.S. / S.I.C. Code

years in business

Years in Business

business credit profile

Business Credit Profile

debt to credit ratio

Debt / Credit Ratio

revenue and expenses

Revenues / Expenses

other factors

And Several Other Factors!

Common Business Credit Line Questions

What can you use Unsecured Business Credit Lines For?

Our unsecured business credit lines can be used for anything, but are effectively used to overcome short term capital requirements, which we define as a 0-18 month payback period. Marketing campaigns, aggressive expansion, and flipping real estate are the most common uses of unsecured business credit lines by our clients.

Do I need to provide any personal or business income verification?

That depends. Premium Business Credit has programs to benefit both startup businesses, and established profitable businesses. If your business cannot presently show income, we have stated income products available to quickly grow your business into a profitable powerhouse. If your business has already experienced growth and profit, we have full doc products totaling over $250,000, allowing your business to leverage unsecured funds to continue expansion.

My business is just starting up; can I still receive unsecured business credit?

Absolutely! We offer products specifically for Start-Up companies. If you’ve been in business for less than two (2) years, you may still qualify for up to $75,000 in unsecured business capital.

Will your Unsecured Business Credit Lines report to the personal credit bureaus (Transunion, Equifax, and Experian)?

Never! We guarantee that all business credit lines you acquire through Premium Business Credit will not report to the personal credit bureaus, unless you begin missing payments and default. You may draw on the entire balances of these lines without fear of bringing down your personal credit scores!

I have great credit, why shouldn’t I just go to my bank to get a credit line??

There are two major reasons why our funding program is superior to a typical banks (1) Many lenders report business credit lines to the personal credit bureaus. This means that when you draw on the balance of the line, your personal credit can drop anywhere from 20-100 points overnight! (2) We have contacts with hundreds of lenders, each with unique lending trends, allowing us to optimize your financing mix so that you receive the most capital, with the lowest interest rate, as quickly as possible.

If my personal credit isn’t great, can I find a co-signer??

Yes, we accept co-signers. If you have someone with better credit who wishes to personally guarantee your business line of credit. Our experts will help you take the steps so that you are able to use them to acquire capital for your business.

Are business credit cards Unsecured Business Lines of Credit?

Absolutely, a business credit card is one of the most common forms of unsecured business credit. While the format of the credit line causes most business owners from obtaining them, our trained professionals teach our clients how to draw on the lines efficiently, so that they may be used similar to a check-book line of credit, without paying outrageous cash advance fee’s. While credit cards are often stigmatized by the public by begin associated with bad-debt, our clients are coached on how to creatively utilize these cash sources to grow their businesses faster than their competition.

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