How does a business line of credit work?
Flexible business line of credit, also called invocie discounting, is the most flexible way to finance your business, using your invoices as security. A business line of credit adapts to your current sales in real-time and you only pay when you actually borrow.
What are the terms?
- You only pay when using your credit
- No yearly fees
- To borrow with your accounts receivables as collateral you'll need to include Capcito's pledge text on your invoices
- A personal guarantee is required