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Business line of credit
A revolving credit limit you draw on as you need it, paying interest only on what you use.
How it works
A line of credit gives you a limit to draw from as needs come up. As you repay what you’ve drawn, that amount becomes available again.
Typical useCash-flow gaps, payroll timing, unexpected costs
RepaymentPay back what you draw, then draw again
What providers look atRevenue, time in business and credit history
Worth knowing
- Draw only what you need, when you need it
- Revolving: repaid amounts can be used again
- Some lines carry draw fees or a maintenance fee; ask before you sign
Amounts, costs and terms are set by each funding provider and depend on your business. We’ll show you the full cost of any offer before you decide.
Apply for business line of credit