Unsecured Business Lines Of Credit The Answer For Small Business Owners

MELBOURNE, Fla. - June 24, 2013 - PRLog -- Small businesses have been hit extremely hard when it comes to business financing. The credit meltdown of the last 5 years has made banks even more reluctant to lend to small businesses. Of course the small business owner appears to have been the one unfairly penalized. Small businesses got into trouble over the past few years due to the failure of the large companies that they supplied and worked for. Many of these larger companies received bail outs from the government at the expense of cutbacks that meant removal of life blood orders to the small business community.

Small business must continue to move forward and to do that they need funding resources within which they can operate on a daily basis. One answer to their problem can be found in unsecured business lines of credit that put funds from between $25,000 up to $100,000 at their fingertips. No collateral required, low interest rates including an introductory interest free period of up to one year, credit for life, no renewal required.

Applying is easy and quick, with 5 minute online application and in most cases, a credit decision in one to two business days. Fast decisions will depend on personal credit score (preferably above 700) and a clean credit report. Have credit problems ? Then in most cases it is possible to clean a credit report as in many cases items are contained on a credit report that should have been removed long ago.

The line of credit is available to use as and when needed and can even provide overdraft protection to the main business checking account, it can be used to pay taxes or franchise fees. Short term cash flow problem in a seasonal business ? No problem the credit lines can be used to fund payroll, pay utilities etc until season arrives then pay it off. By utilizing a credit line instead of a loan, the business owner only pays interest on the money that is in use. For example if the line is used to purchase additional merchandise when that merchandise is sold, the funds can be paid back immediately.

An unsecured business line of credit makes practical sense for a small business that has been disadvantaged due to no fault of their own. This country needs small businesses more than ever and this is a way to move forward.

For more details on Unsecured Lines Of Credit please visit http://www.fundingsolved.com