Home Equity Line of Credit (HELOC)
Turn Your Property Equity into Business Capital
Because the line of credit is secured by your property, available equity can play a larger role in qualifying than it would with unsecured business financing. This may make a HELOC an option even if your credit is less than perfect.
Use the funds for working capital, inventory, equipment, expansion, payroll, or other business expenses.
Advantages of a King Capital Home Equity Line of Credit
Leverage Your Property
Less Emphasis on Credit
Competitive Rates
Use Funds for Almost Any Business Purpose
Flexible Access to Capital
Pay Interest Only on What You Use
How it works
A HELOC is a revolving line of credit secured by the equity in your property.
Once approved, you can draw funds from the credit line as business needs arise. As you repay the balance, those funds may become available to use again.
Because your property helps secure the financing, lenders may place more weight on its value and your available equity than they would with an unsecured business loan.
This can provide business owners with flexible access to capital without applying for a new loan each time they need funding.
Is a HELOC the Right Choice for Me?
A home equity line of credit may be a good fit if you:
- Own a home or other eligible property
- Have available equity
- Need capital for business purposes
- Have difficulty qualifying for unsecured financing
- Want ongoing access to funds
- Prefer to borrow only what you need
Since the financing is secured by your property, it is important to understand the terms and repayment requirements before moving forward. We can help you review your options and determine whether a HELOC makes sense for your situation.
How to apply
Tell Us About Your Property
Apply Online or Call Us
Complete our Online Application or call (888) 811-6101.
