Last Updated: 04/18/2025
Action Capital Lines of Credit
Unaffiliated
Last Updated: 04/18/2025
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Highlights
APR (Fixed APR)
N/A
Credit Score Range
N/A
Amount Range
$50,000 - $7,000,000
Action Capital Lines of Credit Review
Action Capital Lines of Credit is offered by Action Capital Corporation, a direct lender founded in 1959 and based in Atlanta, GA. Action Capital Lines of Credit are available in states.
Action Capital Lines of Credit FAQ
What APRs does Action Capital Lines of Credit offer?
Action Capital Lines of Credit offers an APR , but they do not disclose their rates.
Does Action Capital Lines of Credit charge an origination fee?
No, Action Capital Lines of Credit does not charge an origination fee. An origination fee is what some lenders charge for processing, underwriting, and funding a business financing product. Typically fees range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.
Does Action Capital Lines of Credit charge prepayment fees?
No, Action Capital Lines of Credit does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the line of credit balance off early.
How much can you borrow from Action Capital Lines of Credit?
Line of credit amounts start at $50,000 and go up to $7,000,000.
What do you need to qualify for Action Capital Lines of Credit?
Action Capital Lines of Credit does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher. Action Capital Lines of Credit does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Action Capital Lines of Credit.
To qualify, applicants may need to provide the following documentation:
- Proof of income
- Bank account information
- Business formation documents
What are the business financing requirements for Action Capital Lines of Credit?
To apply for Action Capital Lines of Credit, the applicant needs to provide the following documentation:
- Business license
- Business bank account
Does Action Capital Lines of Credit report your account activity to credit bureaus?
Yes, Action Capital Lines of Credit reports to the following credit bureaus:
- Equifax
- Experian
- TransUnion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does Action Capital Corporation perform a hard credit pull?
Yes, Action Capital Lines of Credit performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
What types of business lines of credit does Action Capital Corporation offer?
Action Capital Corporation offers both secured and unsecured lines of credit. Secured lines of credit are typically secured by a blanket lien on your assets or a certificate of deposit.
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