Power Line of Credit
The DreamSpring Power Line is a fixed-rate, 24-month revolving line of credit that business owners can use to fund business needs and goals as they emerge during the course of normal business operations.*
Line of credit range¹: $1,000 to $50,000
Revolving term: Up to 24 months
Interest rate: 15.75% - 26.75%
Credit score: 600+
Community benefit fee: 2% - 10% (due at origination)
APR²: max of 36%
¹In certain states, minimum loan amounts may be greater than stated.
²Annual percentage rate (APR) is the cost of borrowing money expressed as an annual rate, including all interest and fees charged.
*To provide the best rates and terms for our clients, DreamSpring may require collateral for loan approval.