Myhousegram Is Now Offering A New Business Lines Of Credit For Startups

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MyHouseGram offers up to $200,000 of funds without financial documents.

For startups and entrepreneurs, having access to a reliable source of capital is essential, especially at the early stages of operations. Without funding, getting the business off the ground is practically impossible, especially with steep competition across industries. MyHouseGram, a financial and real estate services consulting company, offers startups a way to level the playing field with its newest offering, the Business Lines of Credit. This service enables startups to access up to $200,000.00 funds without financial documents or detailed financial projections.

Unlike traditional loans where borrowers are required to present several documents proving a healthy business track record of at least two years and demonstrate the capacity to repay the loan, Business Lines of Credit is much more flexible. With MyHouseGram, startups only need to show that they are a legitimate business (LLC, LLP, Inc, or S Corp) and have a credit score in the 700s with all Credit Bureaus. Seniority doesn't matter, and no collateral is needed. Approval can be as fast as 24 hours.

Once approved, borrowers can start withdrawing a predetermined amount of funds and pay it back over time. They can withdraw these funds repeatedly within the draw period if the money is paid back before another withdrawal. It's a revolving type of loan. With Business Lines of Credit, business owners can borrow more money under their name at lower interest rates, enabling them to optimize their credit utilization.

Business Lines of Credit come in the form of business unsecured credit cards and in the form of checkbook lines of credit. However, tax returns may be required for all checkbook lines of credit. MyHouseGram's Business Lines of Credit can be used for various purposes, including supporting the next phase of business expansion, buying equipment, or paying staff.

Business Lines of Credit do not show up in personal credit reports. Borrowers are screened for their creditworthiness to ensure they can consistently make repayments. Anyone that has had bankruptcies, judgments, foreclosures, or charge-offs isn't qualified.

MyHouseGram's newest services come at the perfect time when more young companies are exploring their options and looking for venture capital and grants. By offering Business Lines of Credit, the company can support endeavors that lead to innovation and a more robust economy.

Aside from Business Lines of Credit, MyHouseGram also offers Credit Restoration/Boosting Services, Hard Money Mortgages, House Ownership Transfer, Company Mortgage, and Consultation.

Learn more about MyHouseGram here:  .



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