Bank Line of Credit
Revolving capital you only pay for when you draw it.
A business line of credit gives you a pre-approved ceiling you can draw against on demand — pay interest only on what you use, then re-borrow as you repay. The gold standard for managing cash-flow gaps, seasonality, and unexpected opportunities.
Program Highlights
Credit Line
$25,000 – $500,000
Rates
8% – 16% APR
Draw
On demand, any amount
Interest
Only on outstanding balance
Renewal
Annual review
Credit Minimum
650 FICO
Best For
- ✓Bridging invoice-to-cash timing gaps
- ✓Seasonal inventory or payroll cycles
- ✓Emergency reserves and opportunistic buys
- ✓Managing AR/AP timing mismatches
Requirements
- ·2+ years time in business
- ·$250k+ annual revenue
- ·Personal FICO 650+
- ·Positive average daily balances
How It Works
01
Application with 6 months bank statements and last-year tax return.
02
Underwriting sets a credit ceiling based on average deposits and DSCR.
03
Sign line agreement; draw via ACH or online portal as needed.
04
Pay down balance, redraw as needed — line renews annually.
Fact-Backed Impact
Published research and industry data on how bank line of credit help U.S. businesses grow.
40%
Of small business financing applications are for lines of credit — the single most-requested small business credit product in the U.S.
Source: Federal Reserve Small Business Credit Survey, 2024
82%
Of small business owners with a line of credit report it was 'important' or 'very important' to weathering revenue disruptions.
Source: JPMorgan Chase Institute, Small Business Cash Report
$1.4 Trillion
Estimated aggregate small business line-of-credit commitments outstanding across U.S. banks.
Source: FDIC Aggregate Bank Data
Real Outcomes
Professional Services
Government contractor
$250k LOC bridges 60-day net terms on federal invoices — enabled the firm to bid on and win contracts 3x its previous size.
Services
Landscaping company
$100k line funds equipment and payroll during spring ramp-up, repaid in full by August each year. Zero carrying cost in the off-season.
Composite outcomes based on client engagements; individual results vary.
Ready to move on Bank Line of Credit?
One application, one desk. A funding advisor will review your file and return offers tailored to your business.