Paramex Capital Announces a New Line of Credit Product for Businesses With No Credit Minimum

Paramex Capital is pleased to announce its newest product offering, our Instant Line of Credit, for which you can apply and get an instant decision online, and if approved will allow you to draw on the line as early as next business day.

Unique application link: Click Here To Apply

The Application Process
1. Click the unique link above and are directed to a setup landing page
2. Input your business email address, phone #, choose a password and click “Get Started”
3. Connect your business bank account, and the application is automatically underwritten and either approved or declined
4. If approved, your can draw down the line the next business day and pay it back any time without penalty

About the Business LOC Product ($100 to $100,000 LOC)
• There is no minimum score requirement, a soft credit pull is done at application which does not effect credit
• A hard credit pull is only conducted if the borrower accepts the approved funding amount
• Funding is available to most business types and in all 50 states
• Businesses in operation > 6 months and with > $25K in revenue are eligible
• Line terms are 12 weeks and fees are only 0.5% to 0.8% of the drawn amount per week, there are no other fees

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