Business Line of Credit
Approved once, drawn whenever. A revolving credit line you tap when you need cash and leave alone when you don't. You pay interest only on what you actually use, never on the limit.
At a glance
A cash cushion that's there before you need it
A line of credit separates approval from borrowing. You get approved for a limit once. After that, drawing funds takes minutes, not another application. Draw $8,000 to cover a slow week, repay it, and your full limit is available again.
You pay for what you use. An untouched line costs little or nothing to keep open, depending on the funder. Interest accrues only on outstanding draws, and each draw amortizes on its own schedule.
The businesses that get the most from a line are the ones that open it before the emergency, while revenue looks strong and terms come cheap.
How draws and repayment work
- Draw anytime: request funds online or through your advisor; money typically lands next business day.
- Each draw has a schedule: weekly or monthly payments over 6 to 18 months, principal plus interest on that draw only.
- Revolving limit: every principal payment frees up available credit you can use again.
- Draw fees: some funders charge 1% to 3% per draw. We flag it in every offer so there are no surprises.
| Approved limit | $100,000 |
| Amount drawn | $20,000 |
| You pay interest on | $20,000 only |
| Repayment | 26 weekly payments |
| Credit still available | $80,000 |
| After repayment, available again | $100,000 |
Open it before you need it
Lines get approved on your strong months. Waiting for the slow ones is how businesses end up needing an expensive fix instead.
Start your applicationWho it's for, honestly.
A good fit if you
- Have recurring but uneven cash flow, invoices, seasons, project cycles
- Want a standing safety net rather than a one-time lump sum
- Make recurring purchases, inventory, materials, ad spend, and repay from sales
- Have 600+ credit and a year in business, which unlocks the better limits
Look elsewhere if you
- Need one large sum for one purpose, a term loan prices better
- Need more than ~$250K, look at working capital or SBA
- Are below 580 FICO, an advance is usually the realistic path
- Would treat the limit as income, a line rewards discipline
What you'll need.
6 – 12 months in business
A year of operating history gets you meaningfully better limits and pricing.
$20K+ monthly revenue
Shown across three to four months of business bank statements.
580+ FICO
Lines lean on credit a bit more than advances do. Under 580, ask us about alternatives.
Line of credit FAQ.
Ready when you are.
Get approved now, draw when the moment comes. Two minutes to apply.