At CounselPro Lending, we understand the challenges facing small business in the New York City area. Unfortunately, traditional lending sources have prohibitive guidelines and refuse to extend credit to start-up and small businesses because they lack the necessary collateral. Their stringent requirements typically mean that only long-established businesses with impeccable credit history and sizable collateral can get access to unsecured lined of credit.
CounselPro Helps NYC Businesses Get Unsecured Credit
We pride ourselves in helping struggling entrepreneurs from Williamsburg to the Westchester by offering unsecured business lines of credit that are not based solely on collateral. We are not bound by the restrictive guidelines of traditional banks, so we can provide even more to small business owners. Business in the NYC area can receive credit from us based on their credit rating, as well as their profitability, even if they are lacking collateral.
It is common for small businesses in New York to receive up to $100,000 upon approval – even if they do not have collateral. Larger NY Metro-based businesses frequently receive approval for amounts up to $500,000 with qualifying financials. In order to receive larger amounts of working capital or unsecured loans, we require NY businesses bring in an annual revenue between $1,000,000 and $10,000,000.
New York businesses that receive approval for unsecured lines of credit gain access to the following benefits:
- Fast and easy pre-qualification
- Convenient and inexpensive credit checks
- No subprime credit lines
- Introductory offers as low as 0%
- 1-5% over prime rates
Working with Our NY Clients
Having access to unsecured business lines of credit in NY can open up a vast array of opportunities. At CounselPro Lending, we believe in growing long-term relationships with our clients to help them establish those vital lines of credit, and to work with them along the journey to help them acquire even larger lines of credit and better rates.
Contact Our Team
If you own a small business in the NY Metro area, and you are struggling to establish unsecured lines of credit, contact CounselPro Lending today. Our team of experts has decades of experience working with businesses across all industries to get them the best rates and unsecured business lines of credit, regardless of collateral. We can go beyond the limitations and restrictions of conventional banks so that you can grow your business successfully. At CounselPro, we believe in lending a helping hand to businesses in NYC to get them the unsecured business lines of credit they need.