What is Credit Key?
CreditKey is a company that helps businesses selling to small and medium sized businesses, whose growth potential is limited by existing payment options. This situation is ideal for both the customer and the company providing the parts or equipment. Not only does it allow flexibility in payment options for the purchasing customer, but it also lets the company filling the order get paid right away. Read on to see if you could be eligible for a credit line of up $50,000 for your business!
How does it work?
There are a few rules which should be easily met by most U.S.-based businesses.
In order to receive a line of credit from CreditKey you will need to apply with the guidelines below.
1. Own a registered business
2. Be a U.S. citizen or resident
3. Gain a FICO or credit score of 600 or more
4. Control a repayment option like a bank or debit card account
5. Have an annual business income of $40,000 or more.
How Do I Start?
After you receive a line of credit with CreditKey, there are a few options concerning how you choose to pay it back. You can receive $50,000 or more to use for your business, then you must simply choose a plan that suits your abilities to pay it back. These plans range from 30 days to 12 months, with any plan over 30 days being eligible for as low as 1% interest. There are a few limitations on credit lines for spendings under $500, but for purchases $500 and above, payment rates are flexible. Unsurprisingly, the issuing of a credit line is dependable upon an applicant’s credit score and financial stability; they must obtain a FICO score of 600 or more to be eligible. However, taking out a line of credit from CreditKey does not impact your FICO/credit score for better or for worse. One other convenience of using CreditKey is that you are able to spend your credit either in-person or online, whatever works best for you. Beyond these limitations, you can utilize your money to purchase any items you need to help your business succeed.
The good news is that applying to CreditKey is a simple process! You can visit www.creditkey.com to start the application process and gain pre-approval before ordering anything, or you can wait till you are checking out on the site of any company that offers CreditKey. After you choose the CreditKey option, you will be directed to an application page where you can enter your information and apply. When you finish applying, you will receive an instant credit decision from their platform. Accepting the credit line brings you a list of payment options to choose from, and once you select a schedule, you are free to use your money! Another advantage of using CreditKey is that they will extent your credit amounts and terms to grow along with your business. When you apply to CreditKey, you are gaining a huge and long-lasting asset towards helping your company grow!.