Business Line of Credit
Bring stability to your company with short-term financing
As a small business owner, you must adapt quickly.
This means having the cash to make changes rapidly.
Business lines of credit offer you the flexibility you need and the cash to stay competitive.
With Clara Capital, approval for your revolving line is just 2 to 3 days away.
You can withdraw funds up to the approved limit anytime.
Clara Capital allows total freedom in fund usage. You’ll have a bridge between invoicing and receiving payments. If you’re waiting for bank financing, you’re covered. You can even increase your inventory and meet short-term payroll obligations.
Cover all your short-term financing needs with Clara Capital’s business line of credit.
You’ll be able to:
- Expand
- Purchase new equipment
- Undertake renovations
- Explore new marketing ventures
- Add inventory
You can receive:
- Terms of 6 to 24 months
- Funding of $1 million
- Interest rates starting at under 1% a month
When you work with Clara Capital, you’ll experience:
Capital as you need it, when you need it
Approval and funding in
2 to 3 days
Interest only charged on drawn funds
Minimal documentation requirements
Ease in drawing down your line with our online portal
Potential line increases, rate reductions every 8 weeks
No prepayment penalty
Weekly, monthly payment options
No unused
line fees
No restrictions in how you use the funds
A simple way to build business credit
No hidden
fees
All you need to qualify is:
- 6 months in business
- 620+ FICO score
- $25k in monthly revenue
- Soft credit pull
How do I apply?
- Click here to fill out our 1-page application
- Send us your past 6 months of business bank statements
- A dedicated Clara Capital Finance Specialist will reach out to discuss your options
* Please note: Credit approval, requirements, and actual terms (including actual loan amount and rate), are subject to Clara Capital and its affiliates’ credit standards and may vary by applicant.