Line of Credit (“LOC”)

NovaFi offers a flexible line of credit (LOC) to those who qualify

  • Revolving Line of credit approvals from $5,000 to $1,000,000
  • Max amortizing term up to 36 months with fixed weekly payments
  • Fast approvals and fundings in less than a week
  • Streamlined underwriting process with minimal documentation
  • Revolving Lines of Credit with Interest-Only Options
  • Finance charges accrue and are collected weekly
  • No minimum finance charges required
  • Closing points only charged on cash ou
  • A revolving period of up to 1 year (52 weeks)
  • Unlimited draws of $5,000 or more during the revolving period
  • Unlimited principal paydowns of $5,000 or more during the revolving period
  • Every payment made and partial principal paydown frees up line availability
  • Unlimited partial principal paydowns for up to a year
  • Pay off or pay down your line of credit without penalty

Apply Now!

NovaFi Special Financing Application
This easy, quick application takes an estimated 10 minutes and won't effect your credit.

Please prepare the following documents to submit with this electronic application:
1) Last three month of the bank statements
2) Landlord Contact Information
3) Driver’s License or Passport
4) Secondary ID (Passport (if not used as primary) or major credit card)
5) Business Voided Check for all Business accounts tied to the Legal Entity
6) Current Business tax Return (or most recent, if not filed, with a copy of the tax extension for the most recent)
7) If a partnership, Executed Operating Agreement
Business Financing Application - Step 1 of 10

Business Information

Tell us about your business
Please input your website or facebook URL address.