Revolving credit that’s there when you need it
A business line of credit gives you access to a pre-approved pool of funds that you can draw from whenever your business needs capital. Unlike a term loan where you receive a lump sum, a line of credit lets you borrow only what you need, when you need it — and you only pay interest on what you draw. It’s the most flexible form of business financing and ideal for companies that experience seasonal fluctuations, need to bridge invoice gaps, or want a financial safety net for unexpected opportunities or expenses.
Draw funds as needed and only pay interest on the amount outstanding. Repay and redraw as your business requires.
As you repay your draws, the credit becomes available again. Think of it as a business credit card with much better rates and higher limits.
Having an open line of credit means your business is prepared for unexpected expenses, opportunities, or cash flow gaps without scrambling for funding.
Manage seasonal cash flow, Bridge gaps between invoices, Emergency business expenses, Take advantage of bulk discounts, and Fund short-term projects.
Don’t meet every requirement? Apply anyway — we evaluate the full picture.
Submit a simple application. We’ll review your revenue and credit profile and match you with the best line of credit options.
Once approved, your credit line is established and ready to draw from whenever you need it.
Draw funds as needed, repay on a flexible schedule, and redraw as your balance is paid down.
A term loan gives you a lump sum that you repay on a fixed schedule. A line of credit gives you access to a pool of funds you can draw from as needed, and you only pay interest on the amount you’ve drawn. It’s more flexible for ongoing needs.
Business line of credit rates typically range from 8% to 22% APR, depending on your credit profile, revenue, and time in business. Well-qualified businesses often see rates in the single digits.
Some lenders charge a small draw fee (typically 1–2%) each time you access funds. We’ll make sure you understand all fees before you accept an offer.
Yes. There are no restrictions on how you use your line of credit funds. Use them for payroll, inventory, marketing, rent, or any other business purpose.
One application, no credit impact, and a dedicated specialist to walk you through your options. See what you qualify for in minutes.