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    Flexible

    Business Lines of Credit

    A business line of credit can provide access to funds up to an approved limit. Interest is generally based on the amount drawn, while maintenance, draw or other fees may also apply. A financing partner sets the limit, renewal, repayment and cost terms.

    Quick Facts

    Loan Amount

    Partner-specific - Partner-specific

    Rate / Cost

    Varies

    Funding Time

    Varies

    Term Length

    Revolving

    Key Benefits

    • Interest is generally based on the amount drawn
    • Approved limits vary by applicant and partner
    • Renewal is subject to partner review
    • Revolving credit access
    • Draw funds as needed

    Requirements

    • Business revenue and cash-flow review
    • Time-in-business requirements vary
    • Business and owner credit may be reviewed
    • Bank statements or other documents may be requested

    Ideal For

    Managing cash flow gaps
    Seasonal inventory purchases
    Emergency fund for business
    Short-term working capital needs

    Frequently Asked Questions

    With a loan, you receive a lump sum and start paying interest immediately. A line of credit allows you to draw funds as needed and only pay interest on what you've borrowed.

    Yes, a business line of credit is revolving. As you pay down your balance, those funds become available to borrow again.

    This varies by lender. Some may charge a small maintenance fee, while others have no fees if the line isn't used. Your lender will disclose all terms before you commit.

    Have more questions? Visit our full FAQ page or contact us.

    Explore Other Financing Options

    Unsecured Working Capital

    Explore short-term business financing that may not require specific business assets as collateral. Eligibility and repayment terms vary by financing partner.

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    Equipment Financing

    Explore financing for eligible business equipment such as vehicles, machinery or technology. Eligible assets and terms vary by financing partner.

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    Accounts Receivable Financing

    Explore financing that uses eligible unpaid invoices to support business cash flow. Customer quality, invoices and applicant factors may all be reviewed.

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    Explore Business Financing Options

    Tell us about your business and financing needs. We may introduce your request to a third-party financing partner for review.

    Business financing only
    No guaranteed approval
    Terms set by the lender