Business Line of Credit
Access funds whenever you need them. Only pay interest on what you use - perfect for managing cash flow and unexpected expenses.
Credit Line Highlights
Credit Limit
Up to $250,000
Credit Type
Revolving
Interest Rate
From 7.9% APR
Prepayment Penalty
None
How a Line of Credit Works
Unlike traditional loans, a line of credit gives you flexible access to funds on demand
Get Approved
Apply once and get approved for a credit limit based on your business profile
Draw Funds
Withdraw any amount up to your limit whenever you need it
Repay & Reuse
Pay back what you borrowed and your credit becomes available again
Perfect For These Situations
A line of credit is ideal when you need flexible, on-demand access to capital
Cash Flow Gaps
Bridge the gap between paying expenses and receiving customer payments.
Inventory Purchases
Stock up on inventory for seasonal demand or bulk discounts.
Emergency Expenses
Handle unexpected repairs, equipment failures, or urgent needs.
Payroll Coverage
Ensure your team gets paid on time, even during slow periods.
Growth Opportunities
Seize time-sensitive business opportunities when they arise.
Marketing Campaigns
Fund marketing initiatives and pay back as revenue comes in.
Line of Credit vs. Term Loan
Understand which option is right for your business needs
| Feature | Line of Credit | Term Loan |
|---|---|---|
| Access to Funds | Draw as needed, anytime | One-time lump sum |
| Interest Charged On | Only what you use | Full loan amount |
| Repayment | Flexible, revolving | Fixed monthly payments |
| Best For | Ongoing, variable needs | One-time large purchase |
| Reusable | Yes, after repayment | No, must reapply |
Eligibility Requirements
Our flexible requirements make it easier for businesses to qualify.
Business Age
At least 6 months in operation
Monthly Revenue
Minimum $10,000 per month
Credit Score
Personal credit score of 600 or higher
Business Bank Account
Active business checking account
Quick Application
Get approved in minutes with our streamlined process.
Frequently Asked Questions
Common questions about our Business Line of Credit
How do I draw funds from my line of credit?
You can draw funds through our online portal, mobile app, or by contacting our team. Funds are typically available within 24 hours.
Is there a minimum draw amount?
The minimum draw amount is $1,000. There's no maximum as long as you stay within your approved credit limit.
How is interest calculated?
Interest is calculated only on the amount you've drawn, not your total credit limit. Interest accrues daily and is billed monthly.
Can my credit limit increase over time?
Yes! As you use and repay your line responsibly, you may qualify for credit limit increases. We review accounts periodically.
Are there any fees?
There are no prepayment penalties or annual fees. A small draw fee may apply depending on your plan.
Ready for Flexible Funding?
Get approved for a line of credit and access funds whenever you need them.