No Doc Business Line of Credit: What It Is and Where to Get One

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What Is a No Doc Business Line of Credit?
Secured vs. Unsecured Lines of Credit
Types of No Doc Business Lines of Credit
Merchant cash advances Invoice factoring Business credit cards
Pros and Cons of No Doc BLOCs
Lenders Offering No Doc Business Lines of Credit
AdvancePoint Capital
Amount: up to $250,000 Terms: up to 12 months Credit score: from poor to excellent
Sunwise Capital
Amount: up to $250,000 Terms: 12 months Credit score: 600+ personal FICO® Score
Fundbox
Amount: up to $150,000 Terms: 12 or 24 weeks on basic account plan Credit score: 600+ personal FICO Score
OnDeck
Amount: $6,000 to $100,000 Terms: 12 months Credit score: 625+ personal FICO Score
Are No Doc Business Lines of Credit a Good Idea?
The Takeaway
Frequently Asked Questions
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About the Author
Su Guillory is a freelance business writer and expat coach. She’s written several business books and has been published on sites including Forbes, AllBusiness, and SoFi. She writes about business and personal credit, financial strategies, loans, and credit cards.
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