Funding
A business line of credit: draw, repay, draw again.
A revolving limit sitting in reserve for the business. Pull from it when you need it, pay interest only on what you draw, and watch the line refill as you pay it down.
- Amount
- $10K to $250K
- Funding
- 1 to 3 days
- Term
- 6 to 24 months revolving
- Repayment
- Weekly or monthly
- Credit
- 600+
How it works
How a revolving line works.
No new application for every draw, and nothing owed on the part of the line sitting idle.
- 01
Draw what you need
Pull funds from your available limit whenever cash flow calls for it. No reapplying and no new paperwork for each draw.
- 02
Pay interest only on the balance
The unused portion of the line costs nothing. Interest accrues only on the dollars you actually draw.
- 03
The line replenishes
Pay down what you drew and that capacity opens back up, ready for the next draw without a new application.
The math
An illustrative example.
A simplified example to show how the revolving structure plays out over a single draw and repayment cycle.
| Detail | Example |
|---|---|
| Line limit approved | $100,000 |
| Amount drawn | $30,000, held for 90 days |
| Interest charged on | Only the $30,000 drawn, not the full $100,000 limit |
| Remaining available limit while drawn | $70,000 |
| Limit available after the $30,000 is repaid | $100,000 again, ready to draw |
This is an illustrative example only, not an offer or a quote. Actual limits, interest rates, draw fees and repayment schedules are quoted per offer after underwriting review.
Compare products
Line of credit vs. MCA vs. term loan.
All three are legitimate ways to fund a business. The right one depends on how predictable the need is and how you want to pay for it.
| Structure | Best for | Repayment | What secures it |
|---|---|---|---|
| Business line of credit | Recurring or unpredictable needs | Weekly or monthly, only on the balance | Business assets, personal guaranty |
| Merchant cash advance | Fast, one-time capital against revenue | Daily or weekly % of receipts | Future receivables (a sale, not a loan) |
| Business term loan | A single large, planned expense | Fixed monthly, same amount every time | Business assets, personal guaranty |
Who qualifies
Built for businesses with steady deposits.
- 600+ personal credit score
- 6+ months in business
- $10,000+ in average monthly revenue
- An active business bank account
How draws and limit increases work
Once the line is open, draws are typically initiated from an online dashboard and land in your business bank account as fast as the same or next business day. As you draw and repay on schedule, an advisor can review updated bank statements at renewal and offer a higher limit, subject to approval.
Best uses
Where a line of credit fits.
A revolving line is built for capital needs that repeat, not for a single large purchase.
Cash-flow smoothing
Cover the gap between paying expenses and collecting on invoices, without touching savings.
Recurring inventory
Restock on your normal cycle and draw again next month, instead of financing each order separately.
Unexpected repairs
A broken walk-in or a down truck does not wait for a loan decision. Draw the same day and fix it.
Payroll timing
Bridge a short gap between payroll and a slow receivable without missing a pay date.
Industries
Common in the trades we fund.
A revolving line works especially well for businesses whose expenses land on a predictable cycle.
Straight answers
Business line of credit questions.
Are there fees for drawing on the line?
Most draws carry a small draw fee disclosed before you confirm it, on top of interest on the balance. There is no fee to open or maintain the line itself. Exact fees are quoted per offer.
Do I pay anything on the part of the line I am not using?
No. A business line of credit is revolving: interest is charged only on the outstanding balance, not on the full limit. An undrawn line typically costs nothing to keep open.
How fast can I actually get a draw?
Once the line is open, draws are usually initiated online and land in your business bank account as fast as the same or next business day, subject to your bank's processing time.
Does drawing on the line hurt my credit?
Opening the line involves an underwriting review, but individual draws do not trigger new credit checks. Payment history is what affects your credit profile over time, the same as any revolving account.
Can I have a merchant cash advance and a line of credit at the same time?
It is possible, but it depends on your existing obligations and current cash flow. An advisor will review what you already carry before offering a second product, subject to approval.
Can my credit limit grow over time?
Yes. Businesses that draw and repay consistently often qualify for a limit increase at renewal, based on updated bank statements and revenue trends. Increases are not automatic and are subject to review.
Open a line you only pay for when you use it.
Two-minute application. Same-day decision. Funding in as little as 24 hours.
Soft credit pull. No obligation. No impact to your score.