Tap into your line of credit whenever you need to and fund just about any business expense.
As you repay borrowed funds, your credit line is restored up to the original amount.
Zero interest until used
Interest accrues only on the funds you use.
Put a business line of credit to work for you
When a business expense or opportunity hits without warning, a business line of credit ensures you’ll always have cash on hand.
Once you’re approved for a credit line, you can withdraw funds at any time. As you pay down the amount, your credit line is replenished.
- Financing amount Up to $250,000
- Repayment terms 6 months - 2 years
- Interest rate Starting at 8%
- Funding available in 1 day
Business line of credit requirements
Business line of credit requirements vary by lender but include your time in business, annual revenue and personal credit score.
The more established your business and the stronger your credit, the easier it is to qualify for a business line of credit.
What you’ll need to qualify:
- 1+ year in business
- $200K+ annual revenue
- 560+ credit score