Lines of Credit for Boston, MA Businesses

Businesses in Boston, MA need a reliable source of working capital for everything from unexpected expenses, regular purchases, and even growth projects. Abel Commercial funding understands that Boston area businesses across all industries need solutions that reach beyond traditional loans, which is why we offer a wide range of credit solutions.

Unsecured Business Lines of Credit for Boston Businesses

We offer unsecured business lines of credit in Boston, MA ranging from $20K to $200K. These lines of credit are ideal for new businesses in Boston and are available in three programs:

  • Personal term loans (rates as low as 7 percent with 3-4 year paybacks)
  • Lines of credit with check writing privileges (rates as low as 5.99 percent)
  • Personal line of credit through credit cards (zero interest promo cards)

To qualify for these programs, Boston entrepreneurs must meet the following requirements:

  • Minimum credit score of 675
  • Personal income (AGO) of at least $3,500 per month – variable through tax return/pay stubs
  • Current trade lines (at least 2-3 with less than 50 percent utilization

Flexible Business Lines of Credit for Boston Entrepreneurs

Abel Commercial Funding offers flexible business lines of credit in Boston, MA for entrepreneurs who are positioning themselves for growth. Our flexible lines of credit offer Boston area businesses a number of features, including:

  • Lines of credit ranging from $3,000 up to $200,000
  • Monthly payback options starting at 2 percent
  • Weekly payback options as low as 0.35 percent
  • Terms from 6 to 12 months
  • No application fee
  • No obligations until you access the line of credit
  • Ongoing access to your LOC 24/7

To qualify for our flexible business lines of credit, Boston entrepreneurs much meet the following requirements:

  • Minimum credit score of 675
  • Personal income (AGO) of at least $3,500 per month – variable through tax return/pay stubs
  • Current trade lines (at least 2-3 with less than 50 percent utilization

Our flexible lines of credit can be used by Boston businesses across all industries for such purposes as:

  • Acquiring new equipment
  • Expanding inventory
  • Launching marketing campaigns
  • Hire additional staff
  • Growth projects

Asset Based Lines of Credit for Boston, MA Businesses

Asset based lines of credit offer Boston, MA businesses a debt-free source of working capital structured around the value of assets owned by a company, including:

  • Inventory
  • Receivables
  • Equipment
  • Vehicles
  • Facilities/Real Estate

Asset based lines of credit provide a flexible source of capital without placing debt on the books. Additionally, as Boston area businesses grow, the amount of financing they can access also increases. As receivables increases or new assets are acquired, our team will perform an in-depth evaluation and extend the amount of financing accordingly.

Lines of Credit for Any Size Business in Boston, MA

Abel Commercial Funding understands that there is no “one size fits all” approach to business finance. For this reason, we work directly with Boston, MA business owners to provide flexible and debt-free solutions, like our various lines of credit. Contact us today and get the line of credit you need for your business.