New Startup Companies Get Business Credit

(EMAILWIRE.COM, August 28, 2007 ) Detroit, Michigan -- Business startups now have access to a critical source of business capital. With a credit score of 675 or greater, a business owner can get an unsecured line of credit for up to $100,000 for a new business. A more established business can get a line of credit up to $500,000. Qualified business owners can go to http://www.GetBusinessLinesofCredit.com to apply for the line of credit. The online application process is quick and easy, with just a few basic steps. A business line of credit is one of the best tools a startup company can have. Interest is only charged when the funds are used and the funds can be used for any purpose. A business can use the money to manage short term cash flow issues, take advantage of immediate high-return opportunities, replace personal money used to fund the business, and use as emergency financial reserves.While the line of credit is based on the owners personal credit score, the business line does not impact the owner’s personal credit score because the line of credit is tied to the business. Five points are charged upon approval, and they can be funded from the credit line.Key features of the small business loan include the following:• Credit available up to $100,000-$500,000• No collateral required• Can be used for any purpose• Funds available for start up businesses and established companiesHow can a business get the line of credit? Business owners can go to the Web site at http://www.GetBusinessLinesofCredit.com and confirm their eligibility and start the application process. From the homepage, a visitor to the Web site provides his or her name and e-mail address to learn more about the program. The easy steps consist of locating and filling out small amounts of information in order to determine what size loan the business qualifies for. The steps are simple and tell the user how to organize and gather needed documents. A one-time fee of $29.95 is charged to process the loan application. Funds can be received in as little as fifteen business days. A short visit to the Web site can help any potential borrower to understand the entire process. Credit lines are available in the following states: Alabama (AL), Alaska (AK), Arizona (AZ), Arkansas (AR), California (CA), Colorado (CO), Connecticut (CT), Delaware (DE), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Illinois (IL), Indiana (IN), Iowa (IA), Kansas (KS), Kentucky (KY), Louisiana (LA), Maine (ME), Maryland (MD), Massachusetts (MA), Michigan(MI), Minnesota (MN), Mississippi (MS), Missouri (MO), Montana (MT), Nebraska (NE), Nevada (NV), New Hampshire (NH), New Jersey (NJ), New Mexico (NM), New York (NY), North Carolina (NC), North Dakota (ND), Ohio (OH), Oklahoma (OK), Oregon (OR), Pennsylvania (PA), Rhode Island (RI), South Carolina (SC), South Dakota (SD), Tennessee (TN), Texas (TX), Utah (UT), Vermont (VT), Virginia (VA) , Washington (WA), West Virginia (WV), Wisconsin (WI), Wyoming (WY) Credit lines are available in the following Major Metro Areas: Albuquerque, Atlanta, Austin Baltimore, Boston, Charlotte, Chicago, Chico, Cincinnati, Cleveland, Columbus, Dallas, Fort Worth, Denver, Bolder, Detroit, Ft Lauderdale, Palm Beach, Harford, Houston, Indianapolis, Jacksonville, Kansas City, Las Vegas, Little Rock, Long Island, Los Angeles, Memphis, Miami, Milwaukee, Minneapolis, St Paul, Monterey, Nashville, New Haven, New York, Oakland, East Bay, Oklahoma City, Orange County, Orlando, Philadelphia, Phoenix, Pittsburgh, Portland, Puerto Rico, Raleigh-Durham, Reno, Tahoe, Rochester, Sacramento, Salt Lake City, San Francisco, San Jose, Silicon Valley, Santa Fe, Seattle, Spokane, Springfield, St. Louis, Tampa, Toronto, Tucson, and Washington Dc. For further information: info@www.GetBusinessLinesofCredit.com Web site: http://www.GetBusinessLinesofCredit.com###This press release was issued through GroupWeb EmailWire.Com. For more information on press release distribution, go to http://www.emailwire.com.

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