Flexible Access to Funds with a Business Line of Credit

A Business Line of Credit stands as a safety net for your ongoing financial needs, allowing seamless management of both planned and unexpected expenses. With instant access to a predetermined credit limit, you can draw funds as needed and only pay interest on the amount utilized. This type of financing is perfect for businesses that experience irregular cash flows, enabling them to cover shortfalls without dipping into savings or long-term investments.

Ensure Cash Flow Stability with Our Business Line of Credit

This flexible financing option can be a cornerstone for your operational finances, offering an easily accessible fund that you can tap into anytime without the need for continuous applications. Use it to smooth out operational wrinkles like seasonal dips in revenue or unexpected opportunities that require quick action. A line of credit is a powerful tool for maintaining business momentum and financial stability.

  • Access to a revolving pool of funds

  • Interest only on the amount used

  • Immediate fund access for unforeseen expenses

  • Enhances liquidity and improves cash flow

  • Easy to renew without reapplying

Testimonials

When my car broke down unexpectedly, I was hit with a massive repair bill that I simply couldn't afford. Thanks to Purple Peach's service, I was able to get the cash I needed within hours to fix my car and get back on the road. Their hassle-free process and friendly staff made a stressful situation so much easier to manage. I'm grateful for their help during my time of need.

Zac Lamb

As a single mom, juggling bills and unexpected expenses can be overwhelming. Last month, when I was hit with a higher than normal utility bill, I didn't know how I would make ends meet. Fortunately, the Purple Peach Team provided me with a short-term solution that allowed me to keep the lights on until my next paycheck. Their service was confidential, and the process was clearly explained. I can't thank them enough for their assistance during a very difficult time.

Max Rami

FAQS

Can I pay off my balance early with no penalty?

Yes, we does not charge any penalty for paying off your business financing early. In fact, many customers who pay off early qualify for Early Payment Discount. If you would like to find out your early payoff amount, you can request it from us at any time and we are happy to let you know what your payoff balance is.

What do I need to qualify?

To Qualify, your business should have the following:
• Minimum of 6 months in business
• Minimum of $50,000 in monthly revenue

How do you protect my personal information?

Purple Peach goes through great lengths to make sure your information is safe and secure. Here is how:

• 128-bit secure sockets layer (SSL) Technology

• To access your account, you must use a browser that supports 128-bit encryption. This is one of the best commercial methods available.

Do I need to put up any collateral?

No.

I have more questions, can you help?

Yes, you can contact us and one of our dedicated experts will assist you with any questions you have.

Are there restrictions on what I can use the funds for?

The funds can be used for any business purpose. It is up to you to decide how you want to use it. These are some of the most common ways that customers have used their loans:
• Increased Cash Flow
• Marketing
• Everyday Business Expenses
• Payroll
• Purchase Inventory
• Hire Additional Employees
• Equipment Upgrades
• Renovations/Refurbishments
• New Locations