Unsecured Business Lines of Credit Washington, DC
Unsecured Business Lines of Credit for Entrepreneurs in Washington, DC
Washington, DC is a hub of commerce on the East Coast. Washington, DC consistently ranks as one of the top economies in the United States because of its diverse and growing business landscape, ranging from niche startups and franchises, to medical practices, contractors, staffing agencies, transportation, freight, light industrial, and more. As varied as the businesses are in the DC area, the one thing they all have in common is a need for working capital. Charis Commercial Capital offers unsecured lines of credit to businesses of all stripes in Washington, DC. Whether you own an established company or you are just getting off the launching pad, our unsecured business lines of credit provide reliable and accessible working capital to ensure success.
The Power of Discretionary Capital Without Collateral Requirements
Lines of credit from traditional providers and lending channels offer amounts that are structured around the amount of collateral that businesses can provide upfront. High collateral requirements end up pushing new and small businesses to the sidelines because they might not have the assets to qualify for working capital programs. Charis Commercial Capital takes a different approach by doing away with collateral requirements. This allows businesses in Washington, DC to get the lines of credit they need. Additionally, our lines of credit provide discretionary capital, so businesses can use the funds for anything they need, such as:
- Acting on time-sensitive offers
- Equipment upgrades
- Growth opportunities
- Launching new products and services
- Managing unexpected expenses
- Marketing campaigns
- New investments
- Paying down loans and utilities
- Preparing for seasonal sales
- Purchasing inventory, supplies, and raw materials
- Smoothing out uneven revenue cycles
The Advantages of Unsecured Lines of Credit for Businesses in Washington, DC
Unsecured business lines of credit from Charis Commercial Capital offer a number of features to entrepreneurs in the DC area, including:
- Up to $500,000 for existing businesses in Washington, DC
- Up to $50,000 for new businesses in Washington, DC
- Introductory rates on credit cards as low as 0%
- Large lines of credit with rates between 1% and 5% over prime
- No collateral necessary with good credit ratings and financials
- Fast pre-qualification process
- Guarantees low rates for all approvals
- No maintenance fees
- Higher credit limits available for growing businesses
Our unsecured lines of credit can be used by local businesses spanning every industry, including but not limited to:
- Automotive
- Construction
- Landscaping
- Retail
- Restaurants and bars
- Law offices
- Security agencies
- Tech firms
- Trucking companies
- Medical practices
- Franchises
- Cleaning and janitorial services
- Hospitality
- Distributors
- Staffing agencies
- Energy companies
- Nonprofits
Get an Unsecured Line of Credit for Your Organization
Charis Commercial Capital works directly with local businesses in Washington, DC to provide the working capital solutions they need for long-term success. If you need a reliable, flexible, and accessible source of working capital for your organization, reach out to Charis Commercial Capital and ask about our unsecured business lines of credit.