Diversified Lines of Credit
No Pre-Set borrowing limit – Loan amounts based on Business Revenue and Credit Score
A line of credit with Diversified has many advantages. Sometimes a business will come across unexpected expenses, we can help.
How do you qualify?
- Company must be in business for minimum of 1 year
- The majority owner has a credit score of 600+
- Gross revenue 100,000 +
How do you pay the loan back?
- Payments are fixed weekly
- Automatic deduction from your business bank account
Simple Interest: Total interest you will pay, and given as a percentage of the amount borrowed, excluding fees.
Annual Interest Rate: The interest rate in annualized terms, excluding fees.
Annual Percentage Rate: The interest rate in annualized terms, including fees.