Business Lines of Credit for Small Businesses
Flexible revolving credit to cover operating expenses, manage cash flow, and seize growth opportunities — draw only what you need, when you need it.
- Revolving Credit
- Unsecured Options
- Fast Decisions
Also Exploring SBA Loans or a Bank Term Loan?
Compare a business line of credit alongside SBA 7(a) loans and bank term loans through our independent business-funding partner network.
Line of Credit Highlights
$10K – $500K
Credit lines sized to your revenue and business profile
Clear Decisions
Decision timing varies by provider and application
Revolving Access
Repay and redraw as needed without reapplying
Minimal Docs
Streamlined process with bank statements and basic business info
General Qualification Guidelines
Business Requirements
- 6+ months in business
- $10,000+ monthly revenue
- Active business bank account
- Business checking history available
Credit & Owner Profile
- 550+ credit score (varies by lender)
- No open bankruptcies
- Personal guarantee typically required
- Strong cash flow history preferred
Common Uses for a Business Line of Credit
Cash Flow Management
Bridge gaps between receivables and payables to keep operations running smoothly.
Inventory Purchases
Stock up ahead of peak seasons or take advantage of supplier discounts.
Payroll & Overhead
Cover recurring expenses during slower periods or unexpected revenue dips.
Marketing & Growth
Fund campaigns, hire staff, or expand into new markets without depleting reserves.
Explore Other Business Funding Options
How a Business Line of Credit Works
A line of credit gives your business a set credit limit to draw from as needed. You pay interest or fees only on the amount you’ve drawn, not on the full limit. As you repay, that amount becomes available again, so the line can cover recurring needs without a new application each time.
- Draw: move funds to your business checking account, usually online.
- Repay: weekly or monthly payments, depending on the program. Some lines have a fixed draw period and then a repayment period.
- Reuse: repaid amounts can be drawn again, subject to the lender’s review.
Estimate payments on a draw with the business loan calculator.
Line of Credit vs. Term Loan vs. Merchant Cash Advance
| Line of Credit | Term Loan | Merchant Cash Advance | |
|---|---|---|---|
| Funds | Draw as needed, up to a limit | Lump sum | Lump sum |
| Repayment | Payments on the balance drawn | Fixed payments | A percentage of sales |
| Cost | Interest on the amount used | Fixed interest | Factor rate (often the highest cost) |
| Best for | Ongoing or seasonal cash flow | One-time investments | Very fast funding when other options don’t fit |
Learn more about merchant cash advances, or explore equipment financing for asset purchases.
How to Prepare Your Application
- The 3–6 most recent months of business bank statements
- Basic business information: legal name, EIN, time in business, industry
- Owner information for the personal guarantee and credit review
- For larger lines: recent financial statements or business tax returns
Available in all 50 states through our partner network. See state guides for Texas, Florida, California and New York.
Frequently Asked Questions
Is a business line of credit secured or unsecured?
Both exist. Many smaller lines are unsecured but require a personal guarantee. Larger lines may require a blanket lien on business assets.
Will drawing on the line hurt my credit?
Responsible use and on-time payments can help build business credit. Late payments or maxing out the line can hurt it.
How fast can I get approved?
Decision timing varies by provider and application. Once approved, funding follows after the agreement is signed.
Ready to Access Flexible Capital?
Submit your scenario and we’ll help match you with the right line of credit structure for your business.
Business-purpose lending only. Not a bank. Not a direct lender. .