Frequently Asked Questions (FAQ) about ICS Funding’s Services
At ICS Funding, we know the world of business financing can be complex, so we’ve gathered some frequently asked questions to help you better understand the services we offer and how they can benefit you.
What is a business term loan?
A Business Term Loan is a loan that your business repays over a set period of time. This type of loan is beneficial for making large capital purchases or for funding operational expenses.
What is a line of credit?
A Line of Credit is a revolving loan that allows businesses to draw and repay funds as needed. It’s a flexible financing solution perfect for managing cash flow or dealing with unexpected expenses.
“Leverage the power of credit to fuel your business growth.”
What is a business overdraft?
A Business Overdraft is a credit facility that allows businesses to withdraw more than the current balance in their business account, providing them with a safety net when cash flow fluctuates.
What is a commercial rate?
A Commercial Rate refers to the interest rate charged for commercial loans, like Project Financing or Equipment Finance. These rates may vary according to the type and duration of the loan.
What is the Enterprise Program?
Our Enterprise Program is a unique offering at ICS Funding. It’s designed to assist businesses in securing the necessary funding for growth and scalability.
For more information about our services, we invite you to visit our About Us page or contact us directly. Quick to respond and always ready to help, we are your trusted partner in business financing.
