Business Line of Credit

What it is

A business line of credit gives you a revolving pool of capital you can draw from whenever you need it, up to your approved limit. Unlike a term loan, you're not taking the full amount upfront — you draw only what you need, repay it, and that credit becomes available again.

It's a flexible safety net for smoothing out cash flow gaps, covering unexpected expenses, or jumping on short-notice opportunities — without reapplying for financing every time.

Best for

• ✓ Businesses with seasonal or unpredictable cash flow
• ✓ Covering short-term gaps like payroll or inventory purchases
• ✓ Owners who want a financing cushion without borrowing more than needed
• ✓ Established businesses with steady revenue history

Requirements

• ✓ Minimum 6 months in business
• ✓ Minimum $10,000 in average monthly revenue
• ✓ Active business bank account
• ✓ Last 4 months of business bank statements