WHAT YOU GET
BUSINESS LINE OF CREDIT: Up to $10,000 LOC based on your personal credit
MINIMUM LOC $500
LIMIT INCREASES: Up to $100,000 based on your business revenue
TIMELINE: Your line of Credit will arrive in 3-5 days
ACCESS: Draw funds directly to your bank account or use a MasterCard INTEREST: 9%-19% + Prime on revolving balances > 30 days MERCHANT ACCOUNT: We match or beat any other merchant account
Credit Criteria:
When a new account is enrolled with our partners our clients based on there personal credit of the business owner. Specifically it is based on the Experian credit report. View the chart below in order for MKG Tax Consultants to set the proper expectations for your account. We want to be transparent that our clients expectation is that an account expected to get a larger credit line than they ultimately received.
| Low Score | High Score |
| 301 | 549 |
| 550 | 599 |
| 600 | 649 |
| 650 | 679 |
| 680 | 699 |
| 700 | 724 |
| 725 | 749 |
| 750 | 799 |
| 800 | 999 |
| IMPORTANT: |
An account ‘s credit line can be increased significantly after the account is opened by sub Your li ne can be increased to as much as $100,000 based on your business revenues.
YOUR LINE OF CREDIT GROWS WITH YOUR BUSINESS Every 90 days your account
can be reviewed and increased based on your needs. Need it sooner? Request your first manual review as soon as you activate your new account.