New lender helps small business owners take charge of their business with flexible lines of credit
CHICAGO, August 1, 2014 — Today’s small business owners need more than just access to credit to power their business – they need credit options that give them the flexibility to take charge of their business finances. That’s why Headway Capital launched today with a convenient online line of credit product that allows customers to draw funds when they want, receive funds the next business day, and choose from multiple repayment options to fit their needs.
Backed by Enova International, a technology and analytics driven online lender that has been providing loans for over 10 years, Headway Capital considers more than just credit scores when evaluating applications. Once approved, customers can borrow through their online account, drawing money as often as they like up to their available credit limit. Headway Capital customers can decide on the duration of their loan – 6, 12, or 18 months – and whether they want to repay weekly or monthly. As soon as principal is repaid, that money becomes available for customers to draw again.
“At Headway Capital, our mission is to provide you with access to the credit you need, so that you can focus on running your business,” said Paul Cho, managing director. “Since we excel at both technology and service, you can expect quick and convenient access to your account, coupled with a full team of knowledgeable customer service representatives ready to provide answers if you need a hand.”
Headway Capital is currently offering lines of credit up to $25,000 for small businesses in six states: Illinois, Missouri, North Carolina, Virginia, Washington and Wisconsin. The company plans to expand into additional states in the coming year. Customer service representatives based at Headway Capital’s Chicago headquarters are available from Monday through Friday, 8:30 a.m. to 5:00 p.m. Central Time.
About Headway Capital
Headway Capital lets small business owners take charge of their business with flexible lines of credit up to $25,000. 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, a leading technology and analytics company that has been providing loans for over 10 years.