{"id":2430,"date":"2023-05-01T05:55:10","date_gmt":"2023-05-01T05:55:10","guid":{"rendered":"https:\/\/www.greatpercentfinance.com\/?page_id=2430"},"modified":"2023-05-24T20:04:05","modified_gmt":"2023-05-24T20:04:05","slug":"line-of-credit","status":"publish","type":"page","link":"https:\/\/www.greatpercentfinance.com\/line-of-credit\/","title":{"rendered":"Line of Credit"},"content":{"rendered":"<section class=\"bde-section-2430-100 bde-section\">\n  \n\t\n\n\n\n<div class=\"section-container\"><div class=\"bde-div-2430-101 bde-div\">\n  \n\t\n\n\n\n<h1 class=\"bde-heading-2430-102 bde-heading\">\nLine of Credit\n<\/h1>\n<\/div><\/div>\n<\/section><section class=\"bde-section-2430-103 bde-section\">\n  \n\t\n\n\n\n<div class=\"section-container\"><div class=\"bde-div-2430-104 bde-div\">\n  \n\t\n\n\n\n<div class=\"bde-text-2430-105 bde-text\">\nA business line of credit provides you the ability to draw down funds up to your credit limit and can be borrowed and paid back multiple times while only paying interest on the money you borrow. This structure is flexible and typically unsecured. Lines of credit are also a way to borrow money for businesses that are seasonal or those that need help managing cash flow or handling unexpected expenses.\n<\/div>\n<\/div><div id=\"healthcare\" class=\"bde-columns-2430-106 bde-columns\"><div class=\"bde-column-2430-107 bde-column\">\n  \n\t\n\n\n\n<h2 class=\"bde-heading-2430-108 bde-heading\">\nPositives:\n<\/h2><div class=\"bde-icon-list-2430-109 bde-icon-list\">\n<ul>\n  \n              \n    <li>\n              <div class='bde-icon-list__item-wrapper'>\n      \n      <span class='bde-icon-list__icon'>\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"icon-checkbox-checked\" viewBox=\"0 0 32 32\">\n<path d=\"M28 0h-24c-2.2 0-4 1.8-4 4v24c0 2.2 1.8 4 4 4h24c2.2 0 4-1.8 4-4v-24c0-2.2-1.8-4-4-4zM14 24.828l-7.414-7.414 2.828-2.828 4.586 4.586 9.586-9.586 2.828 2.828-12.414 12.414z\"\/>\n<\/svg>\n      <\/span>\n      <span class='bde-icon-list__text' >\n      Flexible borrowing\n      <\/span>\n              <\/div>\n      \n    <\/li>\n\n  \n              \n    <li>\n              <div class='bde-icon-list__item-wrapper'>\n      \n      <span class='bde-icon-list__icon'>\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"icon-checkbox-checked\" viewBox=\"0 0 32 32\">\n<path d=\"M28 0h-24c-2.2 0-4 1.8-4 4v24c0 2.2 1.8 4 4 4h24c2.2 0 4-1.8 4-4v-24c0-2.2-1.8-4-4-4zM14 24.828l-7.414-7.414 2.828-2.828 4.586 4.586 9.586-9.586 2.828 2.828-12.414 12.414z\"\/>\n<\/svg>\n      <\/span>\n      <span class='bde-icon-list__text' >\n      Typically no collateral required\n      <\/span>\n              <\/div>\n      \n    <\/li>\n\n  <\/ul>\n\n<\/div><h2 class=\"bde-heading-2430-110 bde-heading\">\nNegatives:\n<\/h2><div class=\"bde-icon-list-2430-111 bde-icon-list\">\n<ul>\n  \n              \n    <li>\n              <div class='bde-icon-list__item-wrapper'>\n      \n      <span class='bde-icon-list__icon'>\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"icon-checkbox-checked\" viewBox=\"0 0 32 32\">\n<path d=\"M28 0h-24c-2.2 0-4 1.8-4 4v24c0 2.2 1.8 4 4 4h24c2.2 0 4-1.8 4-4v-24c0-2.2-1.8-4-4-4zM14 24.828l-7.414-7.414 2.828-2.828 4.586 4.586 9.586-9.586 2.828 2.828-12.414 12.414z\"\/>\n<\/svg>\n      <\/span>\n      <span class='bde-icon-list__text' >\n      May have maintenance fee\n      <\/span>\n              <\/div>\n      \n    <\/li>\n\n  \n              \n    <li>\n              <div class='bde-icon-list__item-wrapper'>\n      \n      <span class='bde-icon-list__icon'>\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><!-- Font Awesome Free 5.15.1 by @fontawesome - https:\/\/fontawesome.com License - https:\/\/fontawesome.com\/license\/free (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License) --><path d=\"M400 480H48c-26.51 0-48-21.49-48-48V80c0-26.51 21.49-48 48-48h352c26.51 0 48 21.49 48 48v352c0 26.51-21.49 48-48 48zm-204.686-98.059l184-184c6.248-6.248 6.248-16.379 0-22.627l-22.627-22.627c-6.248-6.248-16.379-6.249-22.628 0L184 302.745l-70.059-70.059c-6.248-6.248-16.379-6.248-22.628 0l-22.627 22.627c-6.248 6.248-6.248 16.379 0 22.627l104 104c6.249 6.25 16.379 6.25 22.628.001z\"\/><\/svg>\n      <\/span>\n      <span class='bde-icon-list__text' >\n      Good credit and consistent revenue required\n      <\/span>\n              <\/div>\n      \n    <\/li>\n\n  <\/ul>\n\n<\/div><h2 class=\"bde-heading-2430-112 bde-heading\">\nGood fit for:\n<\/h2><div class=\"bde-icon-list-2430-113 bde-icon-list\">\n<ul>\n  \n              \n    <li>\n              <div class='bde-icon-list__item-wrapper'>\n      \n      <span class='bde-icon-list__icon'>\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"icon-checkbox-checked\" viewBox=\"0 0 32 32\">\n<path d=\"M28 0h-24c-2.2 0-4 1.8-4 4v24c0 2.2 1.8 4 4 4h24c2.2 0 4-1.8 4-4v-24c0-2.2-1.8-4-4-4zM14 24.828l-7.414-7.414 2.828-2.828 4.586 4.586 9.586-9.586 2.828 2.828-12.414 12.414z\"\/>\n<\/svg>\n      <\/span>\n      <span class='bde-icon-list__text' >\n      Short term needs\n      <\/span>\n              <\/div>\n      \n    <\/li>\n\n  \n              \n    <li>\n              <div class='bde-icon-list__item-wrapper'>\n      \n      <span class='bde-icon-list__icon'>\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"icon-checkbox-checked\" viewBox=\"0 0 32 32\">\n<path d=\"M28 0h-24c-2.2 0-4 1.8-4 4v24c0 2.2 1.8 4 4 4h24c2.2 0 4-1.8 4-4v-24c0-2.2-1.8-4-4-4zM14 24.828l-7.414-7.414 2.828-2.828 4.586 4.586 9.586-9.586 2.828 2.828-12.414 12.414z\"\/>\n<\/svg>\n      <\/span>\n      <span class='bde-icon-list__text' >\n      Managing the cash flow of businesses that are seasonal\n      <\/span>\n              <\/div>\n      \n    <\/li>\n\n  <\/ul>\n\n<\/div>\n<\/div><div class=\"bde-column-2430-114 bde-column\">\n  \n\t\n\n\n\n<div class=\"bde-image-2430-123 bde-image\">\n \n\n\n\n\n\n<figure class=\"breakdance-image breakdance-image--2531\">\n\t<div class=\"breakdance-image-container\">\n\t\t<div class=\"breakdance-image-clip\">\n\t\t\t\n\t\t\t\t\n\t\t\t\t\t      \n  \n  \n  \n  \n      \n      <picture><source srcset=\"https:\/\/www.greatpercentfinance.com\/wp-content\/uploads\/2023\/05\/Line-of-Credit-4.webp 560w,https:\/\/www.greatpercentfinance.com\/wp-content\/uploads\/2023\/05\/Line-of-Credit-4-300x200.webp 300w\"  type=\"image\/webp\"><img src=\"https:\/\/www.greatpercentfinance.com\/wp-content\/uploads\/2023\/05\/Line-of-Credit-4.jpg\" height=\"373\" width=\"560\" srcset=\"https:\/\/www.greatpercentfinance.com\/wp-content\/uploads\/2023\/05\/Line-of-Credit-4.jpg 560w, https:\/\/www.greatpercentfinance.com\/wp-content\/uploads\/2023\/05\/Line-of-Credit-4-300x200.jpg 300w\" class=\"breakdance-image-object sp-no-webp\" alt=\"Business owner standing in front of her shop\" loading=\"lazy\" decoding=\"async\"  > <\/picture>\n  \n\n\t\t\t\t\t\n\t\t\t\t\t\t<\/div>\n\t<\/div>\n\n\t<\/figure>\n\n<\/div>\n<\/div><\/div><\/div>\n<\/section><section class=\"bde-section-2430-124 bde-section\">\n              \n  \n\t\n\n  <div class=\"section-background-overlay\"><\/div>\n\n\n<div class=\"section-container\"><div class=\"bde-div-2430-125 bde-div\">\n  \n\t\n\n\n\n<h2 class=\"bde-heading-2430-126 bde-heading\">\nGet the Financing You Need<br>To Grow Your Business\n<\/h2><div class=\"bde-text-2430-127 bde-text\">\nLet us help you take your business to the next level.  Great Percent Finance understands the challenges that small and medium-sized businesses face when it comes to securing business funding. Schedule a free, no-obligation consultation, and let us help secure the capital you need to meet your business goals and grow your business.\n<\/div><div class=\"bde-button-2430-128 bde-button\">\n    \n                                    \n    \n    \n    \n    \n            \n                    \n            \n            \n\n    \n    \n    \n    \n    <a class=\"breakdance-link button-atom button-atom--primary bde-button__button\" href=\"https:\/\/www.greatpercentfinance.com\/get-started\/\" target=\"_self\" data-type=\"url\"  >\n\n    \n        <span class=\"button-atom__text\">Apply Now!<\/span>\n\n        \n        \n                <\/a>\n\n    \n\n\n<\/div>\n<\/div><\/div>\n<\/section><section class=\"bde-section-2430-121 bde-section\">\n  \n\t\n\n\n\n<div class=\"section-container\"><div class=\"bde-text-2430-122 bde-text\">\n\n<\/div><\/div>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>Line of Credit A business line of credit provides you the ability to draw down funds up to your credit limit and can be borrowed and paid back multiple times while only paying interest on the money you borrow. This structure is flexible and typically unsecured. Lines of credit are also a way to borrow [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"Line of Credit Funding Solution | Great Percent Finance","_seopress_titles_desc":"A business line of credit can be borrowed and paid back multiple times while only paying interest on the money the business borrows.","_seopress_robots_index":"","_breakdance_hide_in_design_set":false,"_breakdance_tags":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/www.greatpercentfinance.com\/wp-json\/wp\/v2\/pages\/2430"}],"collection":[{"href":"https:\/\/www.greatpercentfinance.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.greatpercentfinance.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.greatpercentfinance.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greatpercentfinance.com\/wp-json\/wp\/v2\/comments?post=2430"}],"version-history":[{"count":19,"href":"https:\/\/www.greatpercentfinance.com\/wp-json\/wp\/v2\/pages\/2430\/revisions"}],"predecessor-version":[{"id":3083,"href":"https:\/\/www.greatpercentfinance.com\/wp-json\/wp\/v2\/pages\/2430\/revisions\/3083"}],"wp:attachment":[{"href":"https:\/\/www.greatpercentfinance.com\/wp-json\/wp\/v2\/media?parent=2430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}