Business Line of Credit
Flexible access to capital when you need it - draw funds as needed and pay interest only on what you use.
Apply Now →What is Business Line of Credit?
A business line of credit gives you access to a set pool of funds that you can draw from whenever you need to, up to your credit limit. Unlike a term loan, you are not required to take the full amount at once – you draw what you need, repay it, and can draw again.
How it works
From application to funding, in 4 steps.
Apply
Complete a simple online application and tell us about your business.
Get Approved
Our team reviews your business profile and sets your available credit limit.
Draw as Needed
Access funds whenever you need them, up to your limit.
Repay & Reuse
Pay back what you draw, and that credit becomes available again.
Who it's for
A line of credit suits businesses that face recurring or unpredictable expenses rather than a single large purchase – managing cash flow gaps, covering payroll during slow periods, or having a safety net for unexpected costs.
Benefits
Reusable Credit
Draw, repay, and draw again as needed.
Interest on What You Use
Only pay interest on funds you actually draw.
Fast Access
Quick access to funds once approved.
Qualification & required documents
Qualification factors vary by lending partner and typically consider time in business, revenue, and credit profile. Commonly requested documents include:
Your funding specialist will confirm exactly what is needed once you are matched to a specific program.
Example scenarios
A few ways businesses put Business Line of Credit to work.
Seasonal Cash Flow Gap
Bridging a slow season without taking on a full loan.
Unexpected Repair
Covering a surprise expense quickly.
Short-Notice Opportunity
Acting fast on a time-sensitive deal or discount.
How it compares
A starting point - your funding specialist will confirm what fits your business.
| Compared To | Key Difference |
|---|---|
| Line of Credit vs. Term Loan: | A line of credit gives you ongoing, reusable access to funds you draw as needed, while a term loan provides one lump sum with fixed payments – better for a single, specific expense. |
Frequently asked questions
Industries we fund
Common funding needs this covers
Ready to explore Business Line of Credit?
One application, matched to funding options across our lending network.