Loc Line
Unique Business Line of Credit Types
As an alternative to obtaining a traditional business line of credit, there are two types of facilities that use your future earnings or current receivables. A credit card receivables LOC is linked to your merchant account. This type of lender typically refers to this type of credit facility as a “credit card receivables advance.” Typically, this lender provides an advance of up to 2 months of income based on your merchant account usage history. Each time a sale is made, a certain percentage of the sale is deducted from your balance owed to the lender. However, this type of lending is very expense. The interest rates for this type of business loc can range anywhere from 15% to 29% depending on the state’s lending laws.
An accounts receivable business loc is secured by the individuals or businesses that owe you money. In this scenario a lender will look at your receivables, who your customers are, and how long they have owed you money. Based on these factors, these lenders (often called factoring companies) will provide you with a capped line of credit. However, it should be noted that even if your client does not pay – you will still be liable for the money drawn down on the business loc.
As an alternative to this, some lenders will “purchase” your receivables for a discounted rate. For instance, if John Doe owes you $1,000 then the lender will buy that receivable from you for $850 to $900. If you decide to sell your receivables to a third party – you need to carefully consider whether or not you can afford to sell your receivables for a substantial discount.
About the Author
Business LOC is a specially designed website for entrepreneurs that are seeking to raise capital for their startups, small businesses, and expanding existing businesses. The focus of the site is on Business Lines of Credit.
Loc line up
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Loc-Line Modular Pipe End Cap – 1/2″ $1.69 |
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Loc Line Modular Pipe Socket X Socket Ball Valve 1/2″ $8.99 |
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Loc Line Modular Pipe MPT X Socket Ball Valve 1/2″ $8.99 |
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Loc Line Modular Pipe Socket X Socket Ball Valve 3/4″ $9.59 |
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Loc Line Modular Pipe 90 Deg Fitting Soc X Soc 1/2″ $3.99 |
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Loc Line Modular Pipe MNPT X Socket Ball Valve 3/4″ $9.59 |
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Loc-Line Modular Pipe 90 Degree Nozzle – 1/2″ $3.99 |
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Loc-Line Modular Pipe Side Outlet Nozzle – 1/2″ $2.99 |
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PAC SOEM-T Premium 2 Channel Line Out Converter LOC Add an Amplifier $22.99 |
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TONE LOC i got it goin’ on CD 4 track remix edit b/w homies, fine line between h $11.05 |
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Pro-Line R Split Six 2.2/3.0 Red/Blk Bead-Loc Wheels:SC10 PRO271704 $20.29 |
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LOC-LINE 51809 (LOT OF 4PCS) *NIB* $22.00 |
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5 Flx-O-Loc Key Rings by Lucky Line 71101 $14.95 |
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NEW! Pro-Line Split Six 2.2 /3.0 Red/Black Bead-Loc Rear(2) 2717-04 NIB $20.99 |
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HURST 153-8510 T-COMMAND T-HANDLE WITH BUTTON FOR LINE-LOC,NITROUS,ETC…7/16-20 $24.99 |
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HURST 153-4960 T-COMMAND T-HANDLE WITH BUTTON LINE-LOC,NITROUS,ETC…16mmx 1.50 $24.99 |
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LOC-LINE 1/2″ FEMALE NPT FITTING 2 PIECE PACK #32093 $7.95 |
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LOC-LINE 1/4″ FEMALE NPT VALVE #29453 $39.95 |
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Cache CLOC+D (CLOCD) Line Output Converter LOC w/ Line Driver $49.99 |
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1″ ACID RESISTANT FLARES 2 PCS PACK LOC-LINE NEW #45407 $4.96 |
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SWIVEL NOZZLES 1/4″ 20 PCS PACKS #49450 LOC-LINE $58.50 |
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Cherne 301 000 Air-Loc Line Stringer with 5 HP Briggs Engine NOS $589.99 |
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PRO-LINE, PRO270402 EPIC 2.2″ BLACK/BLACK BEAD-LOC $27.49 |
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Corvette Line Loc, C4 C5 C6 brake line lock system – roll control $265.00 |
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Pro-Line 1/18 Titus 1.9″ Blk/Blk Bead Loc Whl:Crawl Hex PRO271215 $16.59 |
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LOC LINE 50813 NSFP 50813 $25.00 |
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LOC LINE 51824 NSFP 51824 $25.00 |
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LOC LINE 51824 NSPP 51824 $25.00 |
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LOC-LINE 41487 1/4″ FLAT NOZZLE ASSORTMENT 91984 $3.00 |
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Adjustable Loc-line 1/2 inch with connector $3.50 |
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LOC-LINE 1/4″ MODULAR BRACKET 2 PIECE PACK #21195 $2.75 |
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Westinghouse Pow-R-Line Bolt-Loc Switch 3R Enclosure 3Ph 4W 2000A 480/277V Power $5,650.00 |
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LOC-LINE 1/2″ IN-LINE CHECK VALVE 10 PIECE PACK NEW #39851 $34.95 |
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BRAKE LOCK LOC for Jeep,Bronco,F150,F250,Scout,4×4+, Line pressure holds brakes $36.95 |
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Scosche 80w LOC-80 Line out Hi Low Converter adjustable $4.49 |
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AudioControl LC8i (LC8/i) Gray 8-Channel Line Output Converter LOC $229.99 |
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Pro-Line 1/16 Dirt Hawg I Off-Road Tires Titus Bead-Loc $33.75 |
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NEW! Pro-Line Epic 2.2 Black/Black Bead-Loc Front Slash (2) 2704-02 NIB $17.59 |
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NEW! Pro-Line Epic 2.2 Black/Black Bead-Loc Rear Slash (2) 2705-02 NIB $17.59 |