Headway Capital Expands to More States and Increases Line of Credit Amounts


Small business lender increases line of credit amount to $30,000 and expands to Florida, Pennsylvania and Georgia

CHICAGO, January 27, 2015 — Headway Capital, a provider of flexible online lines of credit for small businesses, today increased its line of credit offering in an effort to help customers do more for their small business. Customers can now borrow up to $30,000 or their approved amount.

In addition, Headway Capital recently expanded to three new states. Small business owners in Florida, Pennsylvania and Georgia can now apply for a line of credit up to $30,000. Once approved, customers can draw funds when they need them, receive funds the next business day, and choose from multiple repayment options to fit their needs.

“We launched in 2014 with the mission of providing small business owners the capital they need to run their business; our expansion to new states and increase in line amounts will enable us to help even more small business owners while offering them additional capital to grow and move their business forward,” said Paul Cho, managing director.

Headway Capital provides customers with flexibility, convenience and service. Once approved, customers can borrow through their online account and draw money whenever they like up to their approved credit amount. Headway Capital customers also have a choice regarding loan duration – 6, 12, or 18 months – and either weekly or monthly repayment frequency. As soon as customers pay down principal, that money becomes available to draw again.

Headways Capital now serves businesses in nine states with additional expansions planned in 2015.

About Headway Capital
Headway Capital lets small business owners take charge of their business with flexible lines of credit up to $30,000. Customers can draw credit when they need it, receive funds the next business day, and choose from multiple repayment options. Headway Capital is part of Enova International (NYSE: ENVA), a leading technology and analytics company that has been providing loans for over 10 years.