We have no other option but to use the current line of credit. Unfortunately, the terms and conditions do not adjust based on improvements to our business credit. To secure more favorable terms, we would need to cancel the existing line of credit and apply for a new one. The interest rates on this line are extremely high.
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At Headway Capital, our mission is to provide small business owners access to financing through an easy application process and fast funding. Our line of credit provides the flexibility to draw money (up to the available credit limit) whenever needed and we do not penalize for paying a line of credit off early. Apply with Headway Capital and receive funds in as little as one business day, if approved. See more
