LOC & Term Loan

Line of Credit

  • For existing businesses and startups
  • Business owner’s needed credit score: 680+
  • Soft credit inquiry
  • Up to $250,000
  • No application necessary!
  • No bank statements necessary!*
  • Decision made within 4 hours!
  • Funding within 5 days!

Term Loan

  • For existing businesses and startups
  • Business owner’s needed credit score: 680+
  • Soft credit inquiry
  • Up to $250,000
  • Term: Up to 5 years
  • No application necessary! 
  • No bank statements necessary!*
  • Decision made within 4 hours!
  • Funding within 5 days

Industries: 

Any industry that produces income. Examples: 

  • Real estate
  • Construction: any general contractor or trade within construction
  • Cannabis: both dispensaries and grow farms
  • Distribution
  • eCommerce
  • Export
  • Import
  • Manufacturing
  • MLM is acceptable using their residual income.
  • Retail
  • Restaurant
  • Trucking. This option is less costly than leasing a truck. 
  • Wholesale
  • And more

To apply for a line of credit. do the following: 

Create an account on: www.3creditscores.com to obtain a credit report. This runs a soft credit. That means it won’t show as in inquiry for credit and it won’t lower your credit scrore. 

Click on “View most recent report.”

Download this report and email it to: deals@hancockfinancialservices.com

We will be contacting you the same day.  

* If the application is not automatically approved, the last three months of bank statements may be required.