The Benefit of an Unsecured Line of Credit

Many banks require businesses to put up collateral on their financing. This is a big risk to you as a business owner since you don’t know how your business will perform in the next couple of years (just look at 2020).

What happens when there’s no collateral is the bank takes the risk. Most banks have crazy hard requirements to qualify when there’s no collateral involved, but at Tier Funding, we have much more lenient requirements – we make it easy to get the line of credit you need.

We don’t want you to worry about losing your house or car because your business falls apart – that in itself is stressful enough. Instead, use the unsecured credit line to fill in your cash flow while you’re waiting for accounts receivable to come in or to cover an unexpected financial emergency.

How to Qualify

• Proof you’ve been in business (successfully) for the last 3 months
• You gross at least $15,000 in sales monthly
• You have average credit (personal or business)
• Your business is located in the United States

Other Products from Tier Funding

We are your one-stop-shop for all business needs. If you need something more steady than a line of credit, talk to us about our small business funding or if you need cash fast, we offer merchant cash advances.

Contact us today to see how we can help you with your funding needs to help you keep your business running smoothly!