Business Lines of Credit

On-demand money in your back-pocket!

  • Flexibility to access capital when you need it
  • Loan amounts from $5k to $1 million
  • Defer principal and lower current payments

What is a Business Line of Credit?

Access to specific amount of money – Under a business line of credit, you are approved for a loan that provides you access to a specific amount of money.

Pay only for what you use – You can choose when to access this available credit and how much you want to withdraw via multiple draws. You repay principal and interest only for what you use.

Lower repayments with deferrals- You have the option to considerably lower your repayments by deferring principal payments into the future.

Why is Line of Credit a great idea?

Many people think of applying for a business loan in emergency situations.

Yes, having a line of credit in place can be a lifesaver for a struggling business caught in a cash-flow jam. However, it can be even more effective when an opportunity comes along and a successful company leverages this readily available money to grow even further.

Ironically, lenders tend to offer the best terms at times when businesses are doing well. Good reason to apply if you’re doing well too….


How a Line of Credit can help small business?

Flexible working capital for peace of mind – it’s a small business owners’ friend. You may not always use it but can count on it when the need arises.

Use it for practically any business purpose – hire salespeople to grow sales, renovate your store, ramp-up inventory for the holiday season, or invest in technology to grow the company.

Invaluable in stabilizing cash flows – to ensure smooth business operations, investing in ventures with high ROI, and meet any unexpected emergencies along the way.

Inspyre's Line of Credit Programs

Revolving LOC

Complete control on when, how much, how long you want to borrow.

  • Loans up to $1 million
  • Revolving period up to 1 year
  • Unlimited paydowns/draws during revolving period
  • Repayment term up to 36 months
  • Fixed weekly payments
  • No tax returns, no collaterals
  • No penalty on early payoff
Interest-Only LOC

Interest only super-low payments for first 12 months.

  • Loans from $50K to $500K
  • Interest-Only payments for up to 1 year
  • Option to rollover the loan up to 2 years
  • Total term of up to 36 months
  • Weekly payments
  • Rates as low as 15%
  • No tax returns, no collaterals
Flex-Pay LOC

Low affordable payments now, flexibility to pay back later.

  • Loans up to $1 million
  • Revolving period up to 6 months
  • Defer up to 50% of loan principal
  • Repayment term up to 36 months
  • Weekly payments
  • No tax returns, no collaterals

Qualification Criteria

Credit Score – Our line of credit programs generally require a credit score of 551 or higher to qualify.

Time in Business – The business should be owned by the applicant and must be operating under the same ownership for at least a month (30 days).

Annual Sales- The business must generate a minimum of $200,000 in annual sales ($17,000 monthly).

Great options to lower your payments..

You can lower your initial loan payments significantly by deferring the principal in the future. This can be a huge help to businesses that have been impacted by Covid-19 and recovering.

You can choose to repay and amortize the loan over the maximum term of 36 months which can lower your repayment amounts considerably.

Our 3 Step Funding Process.

Schedule a Consultation

Simply click the link below to schedule your free discovery session now.

Review Your Options

Review options with your funding advisor and choose one that best fits your needs.

Receive Your Funds

Once your application is approved, receive funds as soon as the next business day.

Ready to grow your business?

Get approved today and get access to your money within as little as 24 hours. Prequalify with no impact to your credit!