FAQs

Is my business eligible for a line of credit?

To be eligible for a business line of credit with lenders from Opportunity Business Loans, your business must meet the following requirements:

  • Must be in operation for at least 6 months
  • Personal credit score must be at least 600
  • Must have annual revenue of at least $100,000
  • Business cannot be in a restricted industry such as: donation-based non-profits, political campaign, auto dealerships, insurance and financial institutions or lenders, gambling, pornography or paraphernalia, legal and illegal substances and paraphernalia, firearms and paraphernalia.

 

Unfortunately, our lenders are unable to provide a business line of credit to the following states due to regulations:

  • Vermont
  • North Dakota
  • South Dakota

 

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