Business Line of Credit by Liberty Capital Quick Guide
Business Lines of Credit thru Liberty Capital
A business line of credit (LOC) is the peace of mind tool for managing cash flow, covering short-term needs, and handling the unexpected. The most misunderstood product. The most asked, and least available product almost every business owner ask for, but most LOC are maxed out. LOC was design to be available when you need, but when it's maxed out, you want another Line of credit, but it's only few available in the marketplace, so what's your option? Here you'll learn the true ins and outs about line of credit.
Why a Line of Credit?
LOCs help you smooth cash flow, finance short-term needs, and jump on time-sensitive opportunities. If you don’t have a line, what’s your next funding source? Many owners max out existing lines—so diversify your funding stack with the right products, not just the familiar ones. Don’t do it alone—we’re a full financial services partner.
Draw when you need, repay to restore availability.
Interest-only monthly payments during the draw period.
Revolving Business Line of Credit — Qualification & Terms
Renewable Every Twelve Months
- Interest-only, monthly payments
- Pricing: variable, based on SOFR, as low as SOFR + 8.99%
- End-of-term options: renew LOC for another 12-month interest-only period, refinance principal into a 3–5 year term loan, or pay off
- Origination fee: 6.0% of approved line amount
- No fees for subsequent draws
- Fully funded at origination (based on approved line amount)
Underwriting (Baseline)
- Minimum $25K average monthly bank deposits
- No NSF and no prior default
- Time in business: 12+ months
- Personal credit: 650+ FICO
Revolving Structure for Flexibility
- Draw anytime via online access
- Repay to reduce balance and restore availability
- Full online control and visibility
LOC vs. Other Solutions (Quick Snapshot)
| Product | Best For | Payment Style | Pros | Considerations |
|---|---|---|---|---|
| Business Line of Credit | Short-term needs, timing gaps | Interest-only monthly on used balance | Revolving access, pay interest only on what you use | Variable rate; annual renewal review |
| Term Loan (3–5 yrs) | Fixed projects, predictable payoff | Fixed amortizing | Rate certainty, set timeline | Less flexibility than LOC |
| Working Capital Loan | Short-term cash needs | Fixed or factor-based | Fast access | Higher cost vs. LOC for ongoing needs |
Benefits of Working with Liberty Capital
- Two decades of packaging approvals correctly
- Diversified funding stack (don’t fixate on one product)
- Competitive pricing with clear structures
- Hands-on advisors to avoid downward-spiral products
We’re on your side—focused on your growth and financial health. Let’s compare a LOC with term loans and equipment financing so you’re not boxed into the wrong product.
Other Financing Programs We Offer
- Lease-to-Own Programs
- Equipment Finance Agreement / Equipment Loans
- Working Capital Loans
- Seasonal Payment Plans
- Term Loans (3–5 yrs)
- Factoring (advance on A/R)
- Commercial Loans including SBA 504, bridge, purchase/refi, ground-up
- Merchant Cash Advance (MCA) — convenience-based, use sparingly as a gap tool
What Do We Need?
For a free, no-obligation loan offer analysis (subject to program, amount, and profile):
- Online Application
- Last year’s tax return(s)
- Current financial statements (P&L and Balance Sheet)
- Recent business bank statements
We’ll run a smart waterfall: start with SBA/LOC, then Term Loan, then Equipment Financing—so you get multiple paths with one application.
The Process of Getting a Business Line of Credit
01 · Application
Pre-approval Form: Our online app determines eligibility. Upload statements securely.
02 · Talk
1-on-1 Consultation: Your Funding Advisor aligns product and rate with your needs.
03 · Statistics
Multiple Offers: We compare options. Your Advisor explains each structure.
04 · Loan
Funding: After terms are accepted, access the LOC via online portal for immediate draws.
Still Comparing Options?
Lines of credit can feel elusive—and many owners keep them maxed. If LOC isn’t the right call today, we’ll structure a term or equipment solution that doesn’t choke cash flow.
We Look Forward to Working with You
Join the thousands of businesses that have trusted Liberty Capital Group. Let’s build the right funding stack—and keep your peace of mind intact.
Revolving Business Line of Credit Qualification Criteria:
Renewable Every Twelve Months
1. Interest-only, monthly payments
a. Pricing: variable rate based on SOFR, as low as SOFR + 8.99%
b. Options at maturity
c. New LOC that extends interest-only period for 12 months
d. New 3-5 year term loan to refinance principal
e. Fully pay off
f. Fees to borrower – 6.0% origination fee (based on approved line amount)
g. No fees for subsequent draws on the line
2. Underwriting:
a. Min $25K bank deposit, no NSF, no prior default,
b. Min 12-month time in business
c. Min 650 FICO
3. Revolving structure for flexibility:
a. Pay back
b. Drew Any Time
c. Reduce Balance
d. Full Online Access for Control
4. Fully funded at origination (based on approved line amount)
5. Renewable every 12 months
The Process of Getting a Business Line of Credit.
01Pre-approval Form
Our online application will allow us to determine your approvability for the loan your business need. Upload statements securely.
021-on-1 Consultation
Once applied, your Funding Advisor will consult with you to discuss the right loan for your need to achieve the lowest rate.
03
Multiple Offers
We'll be provided with Multiple Loan Offers to compare. Your Funding Advisor will explain details of different loan type offers.
04
Funding
Once Terms are accepted for smooth funding, business line of credit can be accessed through online portal for immediate funding.
