Business Line of Credit

Flexible capital you draw when you need it

Access a set amount of funds and withdraw as needed, only paying interest on what you use. Lines from $1K to $1M with interest-only options available.

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Loan Specifications

Line of credit at a glance

Credit Line
$1K - $1M
Term Length
Up to 36 Months
APR / Factor Rate
1% Per Month
Interest only available
Funding Speed
1 - 3 Days
Business days
Credit Score
575+
Time in Business
1+ Year
Repayment
Weekly / Monthly
Advantages & Considerations

Is a line of credit right for you?

Advantages

  • +Only pay interest on the amount you actually draw
  • +Access funds immediately whenever you need them
  • +Use for a wide variety of business purposes
  • +Unsecured lines available for qualified businesses
  • +Less than perfect credit accepted, starting at 575

Considerations

  • -Credit line amount may be limited based on revenue
  • -Higher interest rates for lower credit scores
  • -Unsecured lines typically come with higher rates
  • -Personal guarantee may be required
Process

How it works

01

Submit your application

Complete a brief application with your business details, funding needs, and financial history. Our team reviews every submission within 24 hours.

02

Get matched with the right credit line

We compare revolving and non-revolving credit line options from multiple partners to find the best rate and limit for your business.

03

Close and receive your funds

Once approved, we coordinate closing with the SBA-approved lender. Funds are deposited directly into your business account within the agreed timeline.

FAQ

Common questions

A business line of credit gives you access to a pre-approved amount of funds that you can draw from as needed. Unlike a term loan where you receive a lump sum, a credit line lets you borrow only what you need and pay interest only on the amount used. Once you repay, those funds become available again.

A term loan provides a one-time lump sum with fixed repayment. A line of credit is revolving, meaning you can draw, repay, and draw again up to your credit limit. This makes it ideal for managing cash flow, covering unexpected expenses, or funding opportunities as they arise.

Both secured and unsecured lines of credit are available. Unsecured lines require no collateral but may have higher rates and lower limits. Secured lines backed by business assets typically offer better terms. Your specific options depend on your credit profile and business financials.

Once your line of credit is established, you can typically draw funds within the same business day. Initial setup and approval takes 1-3 business days from the time you submit a complete application with bank statements.

Ready for flexible business capital?

Apply for a business line of credit today. Draw only what you need, when you need it. Funded in 1-3 business days.

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What funding do you need?

Select your funding type to get started.