Keep a cash reserve ready for slow payers, surprise repairs and bigger orders. Five-minute application, soft pull to start, FICO 500+ considered.
Open My LineDetroit Line of Credit
Detroit businesses deal with long payment cycles and long winters. A line of credit gives you access to cash without taking more than you use.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
About five minutes and three months of statements. Funding in as little as 24 hours for qualified businesses.
FICO 500 and up is considered, starting with a soft pull.
The full repayment amount for draws is in your offer before you accept, with no surprise costs after.
Your offer spells out the repayment schedule up front.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Most Detroit owners do not need one big check. They need to know cash is there when a customer delays payment, a compressor fails or a new order comes in bigger than expected. A business line of credit gives you an available amount you can draw from, repay and use again.
In a manufacturing-heavy region, supplier businesses often wait on large customers to pay. Restaurants and retailers feel the long winter and pick up when the weather turns. Trades like roofing and landscaping run hard in the warm months and lean the rest of the year. A line can carry each of these through the slow parts without borrowing more than needed.
We look at about three months of business bank statements to see deposit patterns and existing obligations. No tax returns. A soft credit pull starts the process and FICO 500 and up is considered. Sole proprietors can apply. Line size depends mostly on your deposits and what you already repay, within our range of $25,000 to $5,000,000.
The owners who get the most from a line treat each draw like a small, short project. They draw for a specific cost, know when the money to repay it should arrive, and pay the balance down as soon as it does. That keeps the line open for the next surprise instead of sitting fully drawn.
For illustration, a Sterling Heights tooling supplier might draw to buy material for a rush order, then repay when the customer's payment clears. A Ferndale coffee shop might draw in January to cover slower weeks and pay it back as spring traffic returns. In both cases the line bridges a clear window.
Avoid using the line for long-term purchases that will take a long time to pay back. Those are often better handled with a product built for that purpose, so the line stays ready for day-to-day timing gaps.
Start with the five-minute application. Qualified businesses can have funds in as little as 24 hours. If you have one large purchase in mind, a working capital loan in Detroit or equipment financing in Michigan may be simpler. Your offer shows full costs and the repayment schedule before you accept.
Yes. You can draw, repay and draw again within your available amount, under the terms in your offer.
FICO 500 and above is considered. Your deposits and current obligations also weigh heavily.
About three months of business bank statements and the five-minute application. No tax returns.
Qualified businesses can be funded in as little as 24 hours once the review is complete.
It often is, because you draw only what the slow months require and repay as busier months bring deposits back.
Example uses for illustration only.
Habits that keep a Detroit line working for you.
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding