That being said, seasonal businesses that meet the criteria and maintain enough cash flow to make the regular periodic payments during the slow season, can successfully use the flexibility of a line of credit to prepare, or ramp up, for an upcoming busy season or take advantage of other profit - generating opportunities. (ondeck.com)
The flexibility of a line of credit allows the business to access funds when needed without going through additional credit approvals during the term of the credit line. (ondeck.com)
If you want longer terms and the flexibility of a line of credit or you can not meet the revenue minimum for Fundation, LendingClub is a good option. (valuepenguin.com)