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Business Lines of Credit and Working Capital

If you are a business owner in search of financing for your business, contact us today to receive a free consultation.

269-459-2530

There are two types of Business Lines of Credit offered in the marketplace; Unsecured and Secured

  • Unsecured Lines of Credit require good credit, but do not require business financials, nor collateral. They are completely dependent on the credit of the business borrower. They are effective for both start-up and established businesses.  They provide working capital and keep personal and business credit separate.
More information on unsecured business lines of credit can be found here.
  • Secured Lines of Credit are different because they are “secured” by one or more of the assets of the business.

The good news is there are a lot of different business assets that can be secured or collateralized to unlock the cash trapped in your business.  With secured business lines of credit, the value of the asset is more important than credit rating and cash flow of the business.  This allows the credit requirements to be less stringent.

Account Receivables are an asset of your business.  If someone owes you money we can provide you financing based upon what you are owed.  Then when they pay you, we get paid back.  For more information on unlocking cash using Account Receivable Financing, click here.

Purchase Orders are also and asset of your business.  You can secure financing using your Purchase Orders as collateral.  You can get the money you need to fulfill those large customer orders while not subjecting your business to a cash crunch.  For more information on Purchase Order Financing, click here.

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If you are a business owner in search of financing for your business, contact us today to receive a free consultation.

269-459-2530
Your equipment is an asset of your company and can be used to secure the working capital you need.  Even old equipment that has been fully amortized has value that can be used a collateral.    There are tax advantages to equipment financing as well.  For more information on equipment financing, click here. The inventory of your business is an asset and can be used to secure a working capital loan.  For additional information on loans secured by your inventory call or contact one of our experts to discuss this option. Lastly, your business checking account is an asset of your business.  Business owners can use the amount of money flowing through their business checking accounts on a monthly basis as collateral.  These cash-flow based loans are easy to get approved and quick to get you the money you need.  For more information on loans secured by your deposits, click here. Some business may have all the assets listed above, while some may only have one.  Regardless, the experts at Boathouse Commercial Funding Group know precisely the best way to get you the money you need with the best terms possible.  Call or contact us today.
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Contact us below or call us today!

We’re proud of our national recognition as a leader in business loans and commercial finance and are confident that we can get you the financing you need to fund your operations successfully. To learn more about how we can help or to set up an appointment, contact us today. We’ll sit with you to understand your business and find the right solution for your needs.

269-459-2530
Yan - Krukau

Client Testimonials

I just had a multiple parcel transaction that I needed to close in short order. Boathouse came through quickly with the financing and coordinated the closing with no hiccups. Definitely plan to use Fred on my next deal
Tashana Steward
Fred was friendly thorough and very honest. He did what he said he was going to do. I came to him last minute and he still made it happen he is very well connected to get the right funding. I really appreciate him.. It will not be my last transactions with Fred at all....
Jeff Geeseman
Fred was amazing!! He’s very efficient and so accessible with any questions, He explained the whole process even, helped me fill out paperwork! He never left me hanging. Great service, Even better people!! Would highly recommend Boathouse!!!!
Victoria Lara
Frederic is super knowledgeable of all the lending products across the board. He knows how to take a proper loan app upfront and provide the best loan terms without a lot back and forth.
Chris Fuelling
Worked with Fred on a transaction and it went very smoothly. He was professional, courteous and knowledgeable. Will do business again!
Sacha Ferrandi
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Frequently asked questions

From residential properties, commercial properties and even land, a wide range of real estate assets can be financed.  Often times we can bundle properties together to get the funds you need as well.

Typically, our loans close within 7-15 days, depending on the specifics of the deal.

Real estate investors, property flippers, borrowers in default, and those seeking quick financing for time-sensitive projects.