Business Lines of Credit — How It Works

The Process, Step by Step

We built this to be simple. No surprise fees, no hard sells — just a clear path from question to funding.

01

Understand Your Options

Browse our free guides and use our calculators to understand what loan products fit your situation — before you talk to anyone.

02

Prepare Your Application

Gather your financial statements, tax returns, and business docs. Our checklist walks you through exactly what lenders want to see.

03

Submit & Get Matched

Complete a single application. We review your profile and match you with lenders from our vetted network who are likely to approve you.

04

Review Offers & Close

Compare offers side by side — rate, term, fees, and monthly payment. Choose the one that works for your business and close on your timeline.

What Lenders Evaluate

Credit Profile

Business and personal credit scores, payment history, and outstanding debt all factor into approval and rate.

Cash Flow

Lenders want to see consistent revenue that more than covers your debt obligations — typically 1.20x DSCR or better.

Time in Business

Most lenders want 2+ years in operation. Startups have options but face stricter terms and lower limits.

Collateral

Assets pledged as security reduce lender risk and often lead to better rates and higher approvals.

Documentation

Tax returns, P&Ls, bank statements, and a coherent business plan are table stakes for any application.

Industry & Use

Lenders assess industry risk and want to know specifically how the funds will be used and how that drives repayment.

Loan Types

Flexible credit solutions for every stage of business.

Business Line of Credit

Draw what you need, when you need it. Pay interest only on what you use.

Common Range$10K – $1M
Typical TermRevolving
Best ForCash flow gaps, seasonal needs
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HELOC (Business)

Tap home equity for business funding. Lower rates, flexible draw period.

Common Range$25K – $500K
Typical Term10–20 years
Best ForOwners with home equity
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Invoice Financing

Convert outstanding invoices to immediate cash. No new debt on balance sheet.

Common Range$10K – $5M
Typical TermPer invoice
Best ForB2B businesses with AR
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Inventory Financing

Finance inventory purchases. Line secured by the inventory itself.

Common Range$50K – $2M
Typical TermRevolving
Best ForRetailers, distributors
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Working Capital Loan

Term loan structure for a specific working capital need — faster than traditional SBA.

Common Range$25K – $500K
Typical Term6–36 months
Best ForShort-term operations gap
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