Business Line of Credit
A business line of credit is a revolving facility. Once established, funds may be drawn up to an approved limit, repaid, and in many structures drawn again, subject to the terms of the agreement.
Funding options are subject to eligibility, underwriting, product availability, and applicable terms.
Who this structure may be appropriate for
- Businesses that want access to funds without drawing the full amount at once
- Businesses with recurring short-term working capital needs
- Businesses managing timing gaps in receivables
How businesses commonly use it
- Short-term cash flow
- Inventory purchases
- Unexpected expenses
- Payroll timing
Factors typically reviewed
No single factor determines an outcome, and specific thresholds are set during underwriting.
- Time in business
- Business revenue and deposit history
- Industry and business type
- Credit profile of the business and owner(s)
- Existing business obligations
Information usually requested
- Basic business details (legal name, entity type, state, industry)
- Owner contact information
- The funding amount and intended use
- PLACEHOLDER: the specific document checklist will be published once confirmed
From application to closing
- 01
Apply
Tell us about your business and funding needs through a short application.
- 02
Get Reviewed
Your information is reviewed to determine what financing options may be available.
- 03
Explore Your Options
If eligible, review available options, costs, repayment structure and terms.
- 04
Move Forward
Complete the required documentation and closing process for the option you select.
Explore Business Line of Credit for your business
Funding options are subject to eligibility, underwriting, product availability, and applicable terms.