What is a Line of Credit (LOC)?
A Line of Credit, or LOC, is a dynamic financial tool that provides businesses with access to funds up to a predefined limit. Unlike traditional loans, which provide a lump sum upfront, a Line of Credit operates on the principle of “revolving credit.” This means that as you repay the borrowed amount, your available credit is renewed, providing ongoing access to funds when needed.
At Penhurst Capital, we are committed to empowering small businesses to thrive.
The Line of Credit services offered from our network of sources are designed to provide businesses with the financial flexibility and control they need to succeed in today’s competitive landscape. Whether it’s covering unexpected expenses, seizing growth opportunities, or managing cash flow, our Line of Credit solutions are here to support your business every step of the way.