Business Line of Credit

A business line of credit gives you flexible, on-demand access to capital. Draw funds when you need them, repay on your schedule, and only pay interest on what you use — making it one of the most versatile funding tools available.

Up to $250K

Credit Limit

From 7%

Interest Rates

12–24 months

Draw Period

1–3 days

Funding Speed

Overview

What is a business line of credit?

A business line of credit is a revolving funding facility that provides your business with access to a set amount of capital. Unlike a traditional loan where you receive a lump sum, a line of credit lets you draw funds as needed up to your approved limit.

As you repay what you've borrowed, those funds become available again — similar to how a credit card works. This makes it ideal for managing cash flow, covering unexpected expenses, or seizing time-sensitive opportunities.

Key Benefits

  • Only pay interest on the amount you draw
  • Revolving access — funds replenish as you repay
  • Use for any business purpose
  • No collateral required for many options
Eligibility

Requirements

Meet these basic qualifications to get started. Don't meet every requirement? Our advisors can help find alternatives.

Minimum 6 months in business
Annual revenue of $100K+
Credit score of 600+
Active business bank account
No open bankruptcies
Process

How to apply

Quick Application

Fill out our simple inquiry form with your business details and funding needs in just 5 minutes.

Discovery Call

Speak with a funding specialist who will craft a personalized strategy based on your goals.

Get Matched

Your dedicated advisor matches you with the best lenders and products from our network.

Get Funded

Complete the process with expert guidance and receive the capital your business needs.

FAQ

Frequently asked questions

A loan gives you a lump sum upfront that you repay over a fixed term. A line of credit gives you a pool of funds to draw from as needed, and you only pay interest on what you actually use. Once repaid, those funds are available to borrow again.

Business lines of credit can be used for virtually any business purpose — payroll, inventory, equipment, marketing, covering cash flow gaps, or seizing growth opportunities.

Once approved, you can typically draw funds within 1-3 business days. Many lenders offer same-day or next-day draws after your initial setup.

Many business lines of credit are unsecured, meaning no collateral is required. However, secured options with collateral often come with higher limits and lower rates.

Ready to get funded?

Take the first step toward the capital your business needs.

Start Your Application
Business Line of Credit | Impruvu | Impruvu