DAC Business Lines of Credit
Simple and Fast
Small Business Focus
Small Business Focus
Receive a decision in 1 business days - and as fast as 1 hour -requiring only a soft credit pull*
Small Business Focus
Small Business Focus
Small Business Focus
We specialize in small business and want to secure you a LOC to help fuel your business.
Better Fee Structure
Small Business Focus
Better Fee Structure
Simple to understand draw fees and balance fees - with zero penalties and big savings for early payoff.
HOW DOES A REVOLVING BUSINESS LINE OF CREDIT WORK?
DAC - Business Lines of Credit
A revolving business line of credit (LOC) allows you to draw funds against it, at your discretion, up to the credit limit. Because it is "Revolving" as you pay it back, those funds become available again to use. You only pay interest on the funds you have taken out.
Approvals Up To $150k
You now have money reserved and available when you need it, and you only pay interest on the funds you take out.
Funds Out as Needed.
You can now draw all or portions of money as needed up to the approval amount. You have up to 1 year to repay any draws you take out.
Repayment
You repay the drawn funds via an automatic weekly payment which covers the principle + interest. You can prepay with zero penalties + big savings.
(monthly repayment option available for preferred customers**)
Revolving Limits
Draw more money out as needed (up to the approval amount). Your weekly payment is adjusted to cover repayment of the new balance. As you pay back, those funds become available again to use.
Qualification is simple!
2+ Years in Business*
680+ Personal FICO Score*
2+ Years in Business*
Anywhere in the U.S.
680+ Personal FICO Score*
2+ Years in Business*
680+ Personal FICO Score*
680+ Personal FICO Score*
680+ Personal FICO Score*
$20k+ Monthly Revenue
680+ Personal FICO Score*
680+ Personal FICO Score*
DAC - Business Lines of Credit
Personalized Services Available
DAC - Business Working Capital