Unsecured Business Lines of Credit Carry Lower Risk and Higher Flexibility

Unsecured business lines of credit allow a borrower to obtain funds without fronting collateral as insurance against the loan. This form of credit allows businesses to build credit and receive needed funds without worry that vital company assets will be lost if there is a default on the loan. The line of credit functions like a credit card, so you can continue to use the credit as long as the balance is paid, allowing greater flexibility in accessing funds.

Platinum Commercial Capital specializes in this form of financing, with individual lines of credit available up to $500,000. Unsecured business lines of credit range from a 0% introductory offer to a 1-5% over prime rate for larger credit lines. To apply, you need only complete a ten-minute No-Obligation Pre-Qualification and a credit check costing less than $45.

Loan amounts depend on the borrower’s credit and size of business:

  • Start-up businesses with no established revenue but an owner or partner with good credit may receive $25,000 to $100,000
  • Established businesses with revenues of $1 to $10 million can expect $100,000 to $500,000 loans

Platinum Commercial Capital does not offer “subprime” unsecured business credit, so you can expect a good rate if you are approved. If this kind of financing interests you, be sure to contact one of our representatives for more information.

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Each of our financial professionals are certified and experienced to work with you to find the business loans that fit your commercial finance objectives. We’re working at the forefront of business financing to keep your business moving forward in today’s marketplace. Ask us what we can do for you.