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yobobson1
Level 1

How do I increase my LOC?

My cash is in shortage right now and need more working capital
Solved
Best answer March 30, 2023

Best Answers
KlentB
Moderator

How do I increase my LOC?

Having additional funds readily available to draw from during unforeseen circumstances is very crucial, yobobson1.

 

To request a credit limit increase, you'll need to contact our Customer Care Team. This way, we'll be able to conduct an assessment. You may dial the number below the Capital tab within your QBO account to connect with us.

 

capital.PNG

 

It's important to note that we look at various factors to determine your eligibility for the raise. This includes your company activities, transactions, credit history, and current liabilities.

 

Since every business is unique, we can’t guarantee that all applicants meeting these criteria will be approved. Each application is considered individually and decisions are based on our guidelines.

 

I'm also adding this article to learn how to get professional insights, so you make informed decisions about your cash flow and operations: Get your business credit score through QuickBooks Capital.

 

We value our partnership with you and want to ensure that we're providing the best possible service to meet your needs. Please let me know how I can assist you further by tagging my name below. Have a pleasant day ahead.

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1 Comment 1
KlentB
Moderator

How do I increase my LOC?

Having additional funds readily available to draw from during unforeseen circumstances is very crucial, yobobson1.

 

To request a credit limit increase, you'll need to contact our Customer Care Team. This way, we'll be able to conduct an assessment. You may dial the number below the Capital tab within your QBO account to connect with us.

 

capital.PNG

 

It's important to note that we look at various factors to determine your eligibility for the raise. This includes your company activities, transactions, credit history, and current liabilities.

 

Since every business is unique, we can’t guarantee that all applicants meeting these criteria will be approved. Each application is considered individually and decisions are based on our guidelines.

 

I'm also adding this article to learn how to get professional insights, so you make informed decisions about your cash flow and operations: Get your business credit score through QuickBooks Capital.

 

We value our partnership with you and want to ensure that we're providing the best possible service to meet your needs. Please let me know how I can assist you further by tagging my name below. Have a pleasant day ahead.

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