Business Line of Credit

Key takeaways

A business line of credit offers $6K to $250K of revolving funds you can draw on anytime, with interest charged only on what you use.
As you repay, your available credit replenishes, so you can reuse it without reapplying each time.
It fits ongoing or unpredictable expenses and smooths cash flow for seasonal or uneven revenue.
Typical requirements are 6+ months in business, $10K+ in monthly revenue, and fair credit or better, with funding in 1–3 days.

A business line of credit is the most flexible financing tool a company can have. You’re approved for a credit limit, then draw funds whenever you need them and only pay interest on what you use. As you repay, your available credit replenishes.

Why businesses choose a line of credit

On-demand cash without reapplying each time
Pay only for what you use — keep it open as a safety net
Smooths cash flow for businesses with seasonal or uneven revenue

Best for

Ongoing or unpredictable expenses — the opposite of a one-time purchase. If you don’t know exactly when or how much you’ll need, a line of credit is usually the right call.

Frequently asked questions

How is a line of credit different from a loan? +

A loan gives you a lump sum you repay over time. A line of credit is revolving — you draw what you need, pay interest only on the drawn amount, and the funds become available again as you repay.

What can I use it for? +

Anything operational: managing cash flow, covering unexpected expenses, buying inventory, or having a safety net on standby for emergencies.

Is there a cost if I don't use it? +

Terms vary by lender — some have maintenance or draw fees, many do not. We'll help you compare so you understand the true cost before committing.