$5K - $500K
Line of Credit
Draw funds as you need them and only pay interest on what you use. A revolving credit line that adapts to your cash flow cycle.
Line of Credit
$5K - $500K
Overview
A business line of credit gives you the flexibility to draw funds when you need them and repay on your own schedule. Unlike a term loan, you only pay interest on the amount you've actually drawn — not the full credit limit. This makes it ideal for managing cash flow gaps, covering seasonal fluctuations, or seizing time-sensitive opportunities without taking on unnecessary debt. Our lending partners offer competitive rates for qualified borrowers, with credit limits that grow as your business does.
Key Features
- Revolving access -- draw and repay as needed
- Interest only on outstanding balance
- Decisions in as little as 24 hours
- No prepayment penalties
Funding Range
$5K - $500K
Category
Working Capital
Flexible funding to cover payroll, inventory, and growth initiatives.
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Apply once and we will match you with the best options for your business.
Start ApplicationStep by Step
How Line of Credit works
Apply and get approved
Submit a single application with basic business and financial information. Most decisions come back within 24 hours.
Receive your credit limit
Once approved, your revolving credit line is established. Limits typically range from $5K to $500K based on your business profile.
Draw funds as needed
Access capital whenever you need it — online transfer, wire, or check. Draw the full amount or just a portion.
Repay and redraw
Make payments on what you've used. As you repay, your available credit replenishes automatically — no need to reapply.
Why Choose This Product
Built for growing businesses
Cash Flow Control
Draw exactly what you need, when you need it. Repay and re-draw without reapplying.
Pay Only What You Use
Interest accrues only on drawn funds, not your full credit limit. Unused capacity costs nothing.
Fast Access
Once approved, funds are available within hours. No waiting through another application cycle.
Eligibility
Who qualifies for Line of Credit
- Minimum 500 credit score (higher scores unlock better rates and limits)
- At least 4 months in business
- Minimum $5,000 in monthly bank deposits
- No open bankruptcies
- Most industries eligible — some restrictions apply to high-risk sectors
Real-World Scenarios
Common use cases
A landscaping company draws $30K each spring to hire seasonal crews and purchase materials, then repays as revenue comes in through summer and fall.
An e-commerce retailer uses a $75K line to stock up on inventory before the holiday season, repaying as sales clear over the following months.
A consulting firm taps its credit line to cover payroll during a gap between client payments, avoiding the cost of a full term loan.
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Line of Credit vs. alternatives
A line of credit is more flexible than a term loan because you draw only what you need, when you need it — there is no lump sum to manage. Compared to a bridge loan, a line of credit is longer-term and revolving, making it better for recurring cash flow needs rather than one-time gaps. Business credit cards offer similar revolving access but typically at higher rates and lower limits.
Frequently Asked Questions
Common questions about Line of Credit
Most of our lending partners require a minimum credit score of 500. However, borrowers with scores above 650 typically qualify for higher limits and more competitive rates. We work with lenders across the credit spectrum.
Most applicants receive a decision within 24 hours. Once approved, funds can be available the same day or next business day depending on the lender and transfer method.
You will typically need 3-6 months of business bank statements, a valid government-issued ID, and basic business information (EIN, formation date, industry). Some lenders may request additional documentation based on the amount requested.
Yes. Our minimum requirement is 4 months in business with at least $5,000 in monthly bank deposits. Newer businesses may qualify for lower initial limits that can increase as the business matures.
The initial application typically involves a soft credit pull, which does not affect your score. A hard pull may occur only after you accept a specific offer and move forward with a lender.
Yes. A business line of credit is tied to your business entity and helps build business credit history. It is underwritten based on business revenue and performance, not just personal credit. Personal guarantees may still be required depending on the lender.
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