Pre-approval Loan

With Hercules Financial Services Group (HFSG), you can access loans based on your credit standing. These loans are known as pre-approved loans which do not require any preliminary documentation. We are able to provide a potential borrower with an estimated interest rate offer and a maximum principal amount.

Benefits of Pre-Approved Loans:

• The disbursal of these loans is very fast.
• There is minimum-to-none documentation
• Eligibility of the loan is completely based on financial standings and previous payment histories.
• No cost involved to you.

Business Lines of Credit

How does a  line of credit work?

Our main goal is to provide business owners with ease and  flexibility in attaining short-term capital which as a funding solution.

With a line of credit, you can borrow funds at any time as long as you don’t exceed the maximum amount. The largest advantage to lines of credit is their flexibility. With revolving credit, you’re able to continuously borrow money until you’ve reached your credit limit. Like a credit card, whenever you make a purchase, that amount is taken from your total credit limit, and whenever you make a payment, your credit limit goes back up.

Payments can be made monthly or weekly and help in establishing business credit. There are no penalty fees for early payments. A business line of credit is accessible 24 hours a day 7 days a week.

How to use it?

A line of credit for business can be a highly useful tool for all business owners. It is multifunctional and can be used for multi-purposes including but not limited to remodeling, marketing, sales, payroll, unexpected expenses, inventory and more. A business line of credit is the most convenient form of business financing available.