Requirements
- Minimum 2 years in business
- Personal guarantees of business owners
- Commercial operating account with Axos Bank
- Line size starting at $10MM
Revolving Lines of Credit
Offers flexible financing options up to $5 million to manage business cash flow and short-terms working capital needs
- Advances and repayments can be made at any time during the term of your line
- Interest is charged only on line utilization
- Ideal for short-term working capital needs such as payroll, receivables, seasonality
- Generally one year term
Asset-Based Line of Credit
Structured facility based on advances on business accounts receivable and inventory. Ideal for managing rapid business growth and product expansion
- Advances and repayments can be made at any time during the term of the line
- Interest is charged only on line utilization
- Line availability based on a borrowing base calculation upon business receivables and inventory
- Generally one year term
- Minimum of $1 million, generally up to $25 million
