How to Get a Revolving Line of Credit

"What is a revolving line of credit? How do you get a revolving line of credit? How do you use a revolving line of credit to grow and scale your business? And if you have a revolving line of credit, how can you get it increased if you stay to the end? And that's what we're going to go over here." - Jonathan Fodera

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Integrated Business Financing can help you with financing in all areas: Inventory, expansion, equipment, working capital, Amazon funding, and more. They tailor their programs to meet the specific needs of your business and simplify lending and financing options for businesses of all sizes.

The owner and founder of Integrated Business Financing, Jonathan Fodera, is an experienced Consultant with a demonstrated history of working in the financial services industry. He is skilled in Banking, Sales, Business Development, Entrepreneurship, and Strategic Planning. Jonathan is a strong consulting professional with a Bachelor of Science (BS) focused in Economics from Stony Brook University.

PULLED QUOTES from this video🎙️:

"A revolving line of credit is an open line of credit that you can draw on whenever you need to, to use it, to grow and scale the business."

"When you're using a revolving line of credit, you want to use it for short term needs, right? What a short-term needs. It's typically going to be inventory supplies, marketing, adding to your staff. Because if you have a line of credit, that's a two-year line of credit. Meaning it's scheduled to pay in full in two years, unless you draw."

"Well, when you're using that line of credit, you want to use it for short-term needs and pay it off quick. The sooner you pay it off, the less you're going to pay an interest. And so when you do that, you're building business credit, establishing business credit, and it's helping you to grow your business."

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