A revolving credit limit you draw from as needed — pay interest only on what you use.
A Line of Credit is one of the most versatile funding tools available to small business owners. Unlike a term loan that deposits a lump sum, a line of credit gives you access to a set credit limit that you draw from whenever you need it. You only pay interest on the amount you've drawn, not the total limit. This makes it the perfect safety net for managing cash flow gaps, unexpected repairs, or seizing time-sensitive opportunities.
After approval, you receive a credit limit based on your business profile. You can draw funds through your business bank account at any time. As you repay the balance, that credit becomes available again — like a credit card, but with business-friendly rates.
Credit limits range from $10,000 to $500,000 depending on your business revenue, time in operation, and overall financial profile. We determine your limit based on your business's ability to service the debt.
After initial approval (typically 24–48 hours), funds can be transferred to your business account within 24 hours of your draw request. Subsequent draws are even faster.
No annual fee. You only pay interest on the amount you've drawn from your credit line. The unused portion costs you nothing.
Yes. There are no prepayment penalties. Paying down your balance early reduces the interest you pay and frees up your available credit for future needs.
That's the beauty of a line of credit — you pay nothing on the unused portion. It sits as available capital until you need it. Your unused credit is never charged.