Business Line of Credit

 

Business Line of Credit (BLOC) is a very flexible financing option. With this type of funding, it allows you to draw cash from your credit limit as you need it. You, the business owner pay interest and payments on only the amount you spend or use. It is a great financing tool when you need access to funds intermittently. Great for a bridge cash flow to fill in the gaps during seasonal slumps or to securely have as a rainy day fund. Having a business line of credit gives the you the business owner peace of mind.