Approved once. Available whenever.
A revolving credit line from $10,000 to $1,000,000. Draw in seconds, pay only for what you actually use, and the limit replenishes as you repay.
The right tool for a recurring gap, not a one-time need
You are approved for a limit, not a lump sum. Nothing is borrowed and nothing is owed until you draw. Each draw is repaid on its own schedule, and repaid principal becomes available again.
This is the difference that matters: with a term loan or advance, you pay for every dollar from day one whether you need it yet or not. With a line, an unused limit costs you nothing. For businesses whose cash flow gaps are recurring but unpredictable — seasonal dips, receivables timing, opportunistic buys — that is a large saving.
| Credit limit | $10,000 – $1,000,000 |
| Repayment term | 12, 18 or 24 months per draw |
| Payment frequency | Weekly or monthly |
| Speed to first draw | Same day once approved |
| Cost when unused | Nothing on most lines |
| Pricing model | Interest on drawn balance |
| Revolving | Yes — limit replenishes as you repay |
| Best for | Recurring, unpredictable working capital needs |
Where this works — and where it doesn't
Every financing product is wrong for someone. Here is who this one is wrong for.
A good fit when
- Your cash flow gaps recur but you cannot predict exactly when
- You want capital standing by for an opportunity you have not found yet
- Receivables regularly clear 30 to 90 days after you have paid your costs
- You would rather not pay interest on money sitting idle
- You want to build a repayment history that supports a larger facility later
Look elsewhere if
- You need a large single sum now — a term loan gives you more at a lower rate
- You will draw the full limit immediately and leave it out for years
- Time in business is under a year — lines are harder to qualify for than advances
- You would treat available credit as revenue (a real risk worth naming honestly)
- You need more than $1,000,000 available at once
What it takes to qualify
How this is priced
You pay for what you draw, not what you are approved for
Interest accrues only on outstanding draws. A $150,000 limit with $20,000 drawn costs you interest on $20,000. Repay it and the cost stops, while the $150,000 stays available.
Some lines carry a monthly maintenance or draw fee — where one applies to your offer it is stated plainly, in dollars, before you accept. Many of our lines have neither.
The practical advice: a line is cheapest when you treat it as a bridge and repay each draw quickly. It becomes expensive when a drawn balance is carried indefinitely — at that point you are paying revolving rates for what should be term debt. If you find yourself permanently drawn, ask about converting to a term loan.
Business Line of Credit FAQ
Once the line is open, draws typically hit your account the same business day and often within minutes. The approval itself takes one to three business days. The point of a line is that the slow part happens before you need the money.
On most of our lines, no — you pay only on drawn balances. Where a maintenance fee applies, it is disclosed in dollars in your offer. Always ask this question of any funder; the answer varies widely.
Repaid principal becomes available to draw again, which is what makes it revolving. Draw $30,000 against a $100,000 limit, repay $10,000, and $80,000 is available.
Lines are subject to periodic review, and a material decline in revenue or a payment default can lead to a reduction or suspension. This is standard across the industry. Steady performance generally leads the other way — limit increases are common at review.
If the need is one-time and urgent, take the advance. If the need recurs and you can wait a couple of days for approval, the line is almost always cheaper over a year because you stop paying the moment you repay.
Compare other options
One application puts all six in front of you.
Get a line in place before you need it
Approval takes days. Draws take seconds. Applying does not affect your credit score.