Business Lines Of Credit In Hawaii
Business Line of Credit by Liberty Capital Quick Guide
Revolving Business Line of Credit Qualification Criteria:
Renewable Every Twelve Months
Interest-only, monthly payments
Pricing: variable rate based on SOFR, as low as SOFR + 8.99%
Options at maturity
New LOC that extends interest-only period for 12 months
New 3-5 year term loan to refinance principal
Fully pay off
Fees to borrower – 6.0% origination fee (based on approved line amount)
No fees for subsequent draws on the line
Underwriting
Min $25K bank deposit, no NSF, no prior default
Min 12-month time in business
Min 650 FICO
Revolving structure for flexibility
Pay back
Drew Any Time
Reduce Balance
Full Online Access for Control
Fully funded at origination (based on approved line amount)
Renewable every 12 months
Benefits of working with Liberty Capital.
Liberty Capital offers a practical solution for small business owners looking to manage costs, access capital through various business loans including line of credit.
Business funding can be a complicated process, so you must not do it alone. Knowing what product is the key. Going into the wrong product could put you on downward spiral.
After 20 years helping business like your is what keep u knows how to package the best approval will only help get you the right financing.
We are on your side, your best support for your business’s growth and financial health. Contact Liberty Capital today to explore the best business term loans for your business so you can expand and grow with a peace of mind.
Other Financing Programs Offered By Liberty Capital:
Liberty Capital offers a variety of financing programs to suit different needs, including:
Lease-to-Own Programs: Allows businesses to eventually own the equipment after fulfilling lease terms.
EQUIPMENT FINANCE AGREEMENT or EQUIPMENT LOAN: Traditional financing with fixed monthly payments and terms up to several years.
Working Capital Loans: Short-term loans to cover operational costs or down payments on equipment.
Seasonal Payment Plans: Customized payment schedules to match the seasonal revenue patterns of your business.
Term Loans: Term loans allows you to have a predictable loan term to 3-5 years.
Factoring: Capital upfront from your account receivable to cover operational costs or down payments on equipment.
Commercial Loan: Including SBA 504, we are a commercial loan broker for 4+ unit commercial property needing commercial loans purchase, refi, ground up funding or condo conversation, bridge loans on commercial property, condos and apartments.
Merchant Cash Advance: Most for unbankable type of borrowers. Pure based on purchase of future revenue. Revenue based loan. Revenue purchase agreement funding. Or, Convenience! You pay more for same Coke at 7/11 than from grocery stores. You’re paying for the convenience. Merchant cash advance is like paying for the convenience of having access to cash fast with very little requirements to get funded, repeatedly without any hassle of knowing whether you will get funded or not. So, as a business owner you have the leverage. IF you don’t like you current lender you always have options. Prior to Merchant cash advance there was no options. No only no options product didn’t exist.
What do we need?
- ONLINE APPLICATION
- Last Years Tax returns
- Current financial statements
- Recent bank statements
Pre-approval Form
Our online application will allow us to determine your approvability for the loan your business need. Upload statements securely.
1-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.
Multiple Offers
We’ll be provided with Multiple Loan Offers to compare. Your Funding Advisor will explain details of different loan type offers.
Funding
Once Terms are accepted for smooth funding, business line of credit can be accessed through online portal for immediate funding.
Vendor Sign Up
Are you equipment dealer or vendor?
please click here to signup for a vendor program, no payment for 90 days, monthly payments upto 60 month
Apply for financing for your customer as a vendor
Get Started Today
Our application process is easy. Simply fill out our quick, online application and start the process of securing financing for your start up practice. Our knowledgeable finance experts are here to assist you in obtaining a start up financing loan.
If you have any questions, we invite you to contact us
- 619-795-3123
- Mon – Fri: 6:00 am – 6:00 pm (EST)
