Up to $1,000,000 · Funded in 1–2 days
Line of Credit
A limit approved once and drawn whenever, with interest only on what you have taken.
- Funding amount
- Up to $1,000,000
- Term
- 12–36 months
- Rate
- From 5.5%
- Funded in
- 1–2 days
What makes it different
Costs nothing until you draw on it, and refills as you repay.
A line of credit is a limit you hold and have not yet spent. Draw against it, repay, draw again, without going back through an application each time — and pay interest on the balance rather than on the limit.
An open line you are not drawing on costs nothing, which makes it the cheapest thing here to have and not need. It is the one product on this site worth arranging before anything has gone wrong, because that is when it is easiest to get.
What it gives you
Why a business takes this one
- Interest on what is drawn, not the limit
- Refills as you repay it
- No cost while it sits unused
- Approved once, used for three years
The application
Send one application
Six steps and a few minutes. No fee, no obligation, and no hard credit check to see what you qualify for.
Rather talk to somebody first? (877) 206-6060.
Start here
What is the money for?
Three answers cover almost everyone. Follow yours down to the one or two products worth reading about, and skip the other four.
A gap to cover
Money is going out before it comes in — payroll, rent, stock, a slow month, an invoice that has not been paid yet.
Something specific to buy
There is a price on it already: a machine, a vehicle, a fit-out, a second site, a large order of stock.
Room to move, before you need it
Nothing is wrong today. You want a limit sitting there for the month something goes wrong, or goes right, without reapplying.