Find the Best Rates on a Revolving Line of Credit

Dynamic access to capital.
Revolving funds and no prepayment penalties.

What is a Line of Credit?

A line of credit is an arrangement between the lender and business owner, where a number of funds are made available for use at any time. The Business owner can draw from this Line of Credit, in any amount he or she pleases, and only pay interest on that specific amount. Unlike traditional loan structures, this gives the business owner access to more dynamic working capital that they can tailor to their specific needs, prepare for unpredictable moments, as well as plan for the future.

Term: 2 years

The term length stretches to 2 years on a monthly payment structure. In the case that you have remaining balance at the end of the 2 years, the balance will be converted into a low cost long term loan.

Available Amount: $50K - $250K

The approval amount ranges from $50K - $250K depending on the historical volume of revenue over the last 2 years. Any specific amount can be drawn and utilized.

Time till Funded:

Depending on how fast we can collect the needed documents for an approval, the time till funded (TTF) is about 1 to 2 weeks.

Truly Revolving Line of Credit

Finally, an unsecured loan solution with a long term, affordable rates, and reasonable qualifications. Along with this program having a 24 month term to create ease of use and plenty of room to payback, it also has a safety net structure that converts a remaining balance at the end of your revolver into a 5 year term loan. This is the program for you if you find yourself utilizing Cash Advances or P.O. Factoring frequently. This program perpetually provides you with an affordable source of funds throughout the life of your business.

To Qualify:

- Monthly gross deposits must exceed $40K per month

- Credit Score must be at least 650

- Time in business 2 + years

What is a Line of Credit?

Unlike a traditional loan structure, where a one time amount is paid back on a pre- agreed term length, the line of credit is account of funds to which can be accessed any time and in specific amounts. You only pay interest on the money you draw, and when you have paid back the principal, it is available again for use. Effectively, you are perpetually pre-approved for affordable and flexible funding throughout the life of your business.

Why is it better?

Flexibility. Perpetuity. The payments work on a monthly structure where you have the freedom to pay off the entire principal balance. The minimum monthly payment required is 1% if the principle and that months interest.

Minimum monthly payment: 1% principal + that months interest
(8% APR / 12 months = .66%) Ex: $100K draw, first month’s payment min: $1,660

Maximum monthly payment: 100% principal + that month’s interest
(8% APR / 12 months = .66%) Ex: $100K draw, first month’s payment max: $100,660

*Each draw has a 2 year term to pay off the principal.*

How can this benefit my business?

Being able to tap into affordable funding at any moment is crucial to growth.

Rainy day? Closing on a contract? preparing for your busy season? This program is able to adapt to your needs borrowing needs without immediately pressing payments. If you are inventory based, this can be the catalyst for expansion. The margin friendly cost of capital can enable confident decisions to make moves that impact your revenue positively.

- Payment Structure with Breathing Room and Flexibility
- High Approval Amount Relative to Gross Revenue
- The Lowest Rates Available

What We Do

Provide-funds

Provide your Business with Funding

Cast Capital provides your business with access to affordable capital to fuel your business growth through a variety of loan programs ranging from lines of credit, term loans, SBA loans and more. With our unmatched customer service and skilled financial specialists we are able to custom fit programs to your businesses specific needs like no other company in this industry.

Strategize

Strategize

Not only do we provide the funds for your business to scale, take on a larger project, or push through a slower season, but we also strategize with you on your use of funds to have a direct impact the success of your loan. We are in it for you, and ultimately want you to continue using us a partner and resource.
We believe your success is also our success.

restore

Restore

We understand that sometimes your business isn't the most qualified, or your personal credit history has deterred you from getting affordable financing. Once onboarded as a client, we work with you hand in hand to restore your personal credit score to a healthy place so that you may gradually qualify for better programs.

Ready to Grow your Business?