Select Capital works with three private credit companies that provide funding for different types of companies. From small startups to larger mature business, different amounts and rates are available in many types of industries. Please fill the form out on this page to
Line of Credit #1:
- Unsecured Revolving Line of Credit
- Monthly Sales $17,000 minimum
- Advance amounts from $50,000 to $1 million
- Credit 650 and up
- Approvals within 2 weeks
- Time in business 30 days
- Principal and Interest payments
- Terms are typically 1 to 3 years
- Some Industry Restrictions
- Unsecured / No Covenants
Line of Credit #2:
- Unsecured Revolving Line of Credit
- Monthly Sales $15,000 minimum
- Advance amounts from $15,000 to $350,000
- Credit 550 and up
- Approvals within 1 week
- Time in business 6 months
- Principal and Interest payments
- Terms are up to 15 months
- No Industry Restrictions
- 2nd or 3rd Position / No Covenants / Overdrafts-Credit Discretion
Line of Credit #3:
- Unsecured Revolving Line of Credit
- Monthly Sales $25,000 minimum
- Advance amounts up to $3 million
- Credit 600 and up
- Approvals within 1 week
- Time in business 6 months
- Principal and Interest payments
- Terms are up to 18 months
- Most industries including Construction
- 2nd or 3rd
- Excellent for large companies looking for short term bridge loan – if paid back in first 6 months, interest rates close to 10% as of 8-2024.