Business Lines of Credit
Access flexible working capital when you need it. Draw funds, repay, and draw again with a revolving credit line designed for ongoing business needs.
What is a Business Line of Credit?
A business line of credit works like a credit card for your business. You're approved for a maximum credit limit, and you can draw funds as needed up to that limit. You only pay interest on the amount you actually use, not the entire credit line.
As you repay what you've borrowed, those funds become available to draw again. This revolving structure makes lines of credit ideal for managing cash flow gaps, covering unexpected expenses, or taking advantage of time-sensitive opportunities.
Draw Only What You Need
Access funds on-demand without taking a full lump sum
Reusable Credit
Repay and draw again throughout your draw period
Interest on Usage Only
Pay interest only on your outstanding balance
Benefits of a Business Line of Credit
Flexible financing that adapts to your business needs and cash flow cycles
Pay Only for What You Use
Interest charges apply only to your outstanding balance, not your entire credit limit. Save money when you don't need the full line.
Manage Seasonal Cash Flow
Perfect for businesses with seasonal revenue fluctuations. Draw during slow periods and repay during peak seasons.
Quick Access to Capital
Once approved, draw funds instantly when opportunities arise or unexpected expenses occur. No need to reapply each time.
Simple Documentation
Streamlined application process with minimal paperwork. Get approved based on business performance and cash flow.
Build Business Credit
Responsible use and timely repayment can help strengthen your business credit profile for future financing needs.
Renewable Terms
Many lines of credit can be renewed or increased based on your payment history and business growth.
How Businesses Use Lines of Credit
Flexible working capital for everyday business needs and unexpected opportunities
Inventory Management
Purchase inventory before peak seasons or take advantage of bulk discounts from suppliers.
Payroll & Operations
Cover payroll during slow periods or bridge gaps between receivables and payables.
Marketing Campaigns
Fund time-sensitive marketing opportunities or seasonal advertising campaigns.
Equipment Repairs
Handle unexpected equipment repairs or maintenance without disrupting operations.
Invoice Gaps
Bridge the gap between completing work and receiving payment from clients.
Growth Opportunities
Seize unexpected business opportunities that require quick capital deployment.
How a Line of Credit Works
From application to funding in just a few simple steps
Apply Online
Complete our simple application with basic business information and financial details. Takes less than 10 minutes.
Get Approved
Receive approval decision within 24-48 hours. We'll determine your credit limit based on business performance.
Access Your Line
Once approved, draw funds instantly via ACH transfer whenever you need working capital.
Use Funds Flexibly
Deploy capital for any business need - inventory, payroll, marketing, repairs, or opportunities.
Make Payments
Pay interest only on your outstanding balance. Make minimum payments or pay down faster to reduce costs.
Draw Again
As you repay, your available credit replenishes. Continue drawing and repaying throughout your term.
Do You Qualify?
Basic requirements for business line of credit approval
Time in Business
Minimum operating history required, though 1+ years preferred for larger credit limits
Annual Revenue
Consistent revenue demonstrates ability to service revolving credit obligations
Credit Score
Personal credit considered but not the only factor. Higher scores unlock better terms
Bank Statements
Recent statements showing positive cash flow and business activity
Ideal Candidates for Lines of Credit
Businesses with seasonal revenue fluctuations
Companies managing inventory cycles
Service businesses with invoice payment gaps
Growing businesses needing flexible capital access
Established businesses with strong cash flow
Businesses seeking to build commercial credit
Not Sure If You Qualify?
Let's discuss your situation
Every business is unique. Even if you don't meet all criteria, we may have alternative solutions. Our funding advisors can review your specific situation and recommend the best path forward.
Frequently Asked Questions
Everything you need to know about business lines of credit
A term loan provides a lump sum upfront that you repay over a fixed period. A line of credit gives you access to funds that you can draw from as needed, repay, and draw again. You only pay interest on what you actually use, making it more flexible for ongoing working capital needs.
Still Have Questions?
Our funding advisors are here to help you understand your options
Ready to Access Flexible Working Capital?
Get approved for a business line of credit and gain the financial flexibility to manage cash flow, seize opportunities, and grow your business with confidence.