Working Capital is one of the most common forms of funding for businesses and is our most popular product line at SellersFi. It’s larger sums of money to be used over time or for large purchases (though, with SellersFi, you have no restrictions on business-use cases for your funds).
Credit Limit
SellersFi’s Credit Limit is great for businesses with anticipated but variable expenses. Once you apply, you will be approved for a particular limit of money (as low as $5,000 all the way up to $5,000,000 or more depending on your business). You can draw as much or as little of that limit as you’d like. Each draw is treated as its own term loan, with its own rates and terms (from 3 to 24 months). You can select your terms. In certain circumstances, you can also have an interest-only period (generally up to 6 months). Rates are variable, anywhere from 14.99% to 24.99% APR (dependent on a variety of factors).
For questions about these products or what might be the best fit for your business, contact your Account Manager or email our team at customerservice@sellersfi.com.
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