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Line of credit

Business Line of Credit

Flexible financing, there when you need it.

Funding amount
Up to $1M
Term
6 months to 3 years
Cost
Starting at 4.5%
Funding speed
Within 1–2 days

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A shop owner among her shelves of beauty products.

Line of credit

What it is, and how it repays

A line of credit gives you access to a fixed amount of capital that you draw on only when you need it. Think of it as a financial safety net: it sits there costing nothing until the day it earns its keep.

When you do draw on it, you can use it for almost any business need, and you pay for what you use rather than for the whole facility.

What a business line of credit offer should show you

Every offer for this programme should state each of these, in writing, before you accept it.

  • Funding amountPublished for this programme: Up to $1M
  • TermPublished for this programme: 6 months to 3 years
  • CostPublished for this programme: Starting at 4.5%
  • Funding speedPublished for this programme: Within 1–2 days
  • The total repaid, in dollarsAsk for it if the offer does not show it.

What it gives you

Why owners pick it

  • Flexible financing
  • No obligation to use it
  • Works for almost any business need
  • Pay for what you use

Stop one

Start the application

About two minutes: the amount, how to reach you and a few questions about the business. Free, and nothing is agreed until you accept an offer.

The application is the way in, and it takes about two minutes.

Six programmes

The other five, and this one

Term Loan

The classic way to fund a bigger move.

Loan amount
$20K – $1M
Interest rate
As low as 6%

Equipment Financing

Equipment for virtually any industry.

Loan amount
Up to $250K
Cost
As low as 8%

Working Capital

Funding your day-to-day operations.

Funding amount
Up to $1M
Cost
Starting at 4.5%

Business Cash Advance

Quick and efficient access to capital.

Funding amount
$5K – $500K
Factor rate
10% – 35%