A business line of credit for the uneven months
A credit limit you can draw from when you need cash, repay, and draw again. Built for seasonal businesses and companies whose customers pay on long terms.
How it works
A line of credit works like a safety net for the business. You get a credit limit; you draw only what you need and pay for what you’ve drawn. As you repay, the limit frees up again.
It suits businesses with predictable swings: a slow season, a big order to stock, or customers who pay on 60 or 90 days.
What owners use it for
- Smoothing seasonal dips in revenue
- Stocking up before your busy season
- Covering payroll while invoices are outstanding
- Handling unexpected repairs
- Taking supplier discounts for paying early
- Keeping a reserve you only pay for when used
Who it fits
- $50,000 or more in average monthly revenue
- At least one year in business
- Consistent deposits over the last few months
- Credit requirements are often stricter than for working capital
How to apply
Check your eligibility
Amount, monthly revenue, time in business. About 60 seconds, soft pull only.
Send your last four bank statements
Through the secure application. No tax returns or business plan for the first review.
Review your offer and choose
Your advisor sends your offer in writing, with the total cost. Nothing is signed until you decide.
Things to know before you choose
- Ask how the line charges: interest on the balance, a fee per draw, a monthly maintenance fee, or a mix.
- Lines are usually reviewed periodically; the limit can change with your revenue.
- A line isn’t the cheapest way to fund a one-off large purchase. A term loan or equipment financing usually is.
- Unsecured lines exist, but larger limits sometimes require a lien on business assets. Your advisor flags it on your offer.
Business line of credit: questions owners ask
How big a line can my business get?
Lines are sized to your revenue and history. Lines start around $50,000; larger lines are reviewed case by case.
Do I pay for the full limit?
Usually you pay on what you draw, plus any fees on the line. Your advisor shows every fee in writing before you sign.
Can I use a line for payroll?
Yes. It’s one of the most common uses, especially for businesses waiting on customer payments.
Line of credit or working capital?
A line suits recurring, uneven needs. A lump sum of working capital suits a one-time need. If you’re not sure, check your eligibility and your advisor will recommend one.