Our Area of Expertise
Business Line Of Credit Services
A business line of credit is a powerful financial tool that allows business owners to approach funding with strategy and foresight. Having access to flexible capital enables you to seize growth opportunities, manage cash flow, and meet short-term financial needs with confidence.
At R. Rodney Consulting, we help businesses navigate these financial challenges through our Business Line of Credit Services, providing tailored guidance and strategic solutions to support long-term success.
Requirements
On-Boarding Form
Completed application
3-6 months of business bank statements
Corporate papers
Minimum 10k monthly revenue
550 FICO score
6 months in business
BUSINESS LINE OF CREDIT
We understand how to leverage a business line of credit as a key component of your personalized funding solutions and how to utilize it strategically to drive business growth.
Requirements:
0% interest for 6-12 months
No Minimum length in business
Person credit score in all three bureaus
Articles of Incorporation
Credit Score: 725+
SBA and Core Qualifications & Borrower Eligibility
Personal Credit Score
Minimum 640 FICO
Public Records
No bankruptcies or foreclosures in past 3 years No outstanding tax liens
Cash Flow
Cash flow to support loan payment
Basic Eligibility
1) 2+ years in business
2) Business Owner(s) must be U.S. citizen(s) or Lawful Permanent Residents
3) Excluded industries include religious teaching, primarily political and lobbying activities, oil wildcatting, mining, mortgage servicing, real estate development, bail bond, pawn or private clubs, tobacco related businesses, among others
4) Non-profit businesses are ineligible
5) Business must be able to demonstrate repayment ability from earnings