If you need a quick infusion of cash for your business but the thought of going through the loan process gives you anxiety, come to Newtek for a Secure Line of Credit (SLOC).
A SLOC with Newtek offers:
- Credit provided through accounts receivable purchase facilities and lines of credit secured by inventory
- Lines from $50K - $3M
- More flexibility than a traditional loan
- Quicker turnaround time for funding than a conventional financing
- Competitive interest rates
Unlock liquidity in your working capital assets and receive your funds in weeks to give your business the boost it needs to flourish.
What can SLOC funds be used for?
| • Working capital |
• Pay taxes |
| • Payroll |
• Fuel business growth |
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Avoid the high interest rates and rigid repayment schedules that come with a Merchant Cash Advance. A SLOC with Newtek is a better option to get the money your business needs quickly.
Click the button below or call us at 855-763-9835 to learn if a SLOC is the right option for your business.
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