Access a business line of credit
Generous terms
See what rates you qualify for.
Simple process
Our secure online application is quick and easy.
Fast funding
Get access to capital in just a few days.
How a Business Line of Credit Works
A business line of credit is revolving funding: you’re approved for a credit limit, draw only what you need, and pay interest only on the amount you actually use. As you repay, that credit becomes available again — like a credit card, but with lower rates and cash access. It’s the most flexible way to cover recurring or unpredictable expenses such as payroll gaps, inventory cycles, or a surprise repair.
| Feature | Typical Range |
|---|---|
| Credit limit | $10,000 – $250,000 |
| Rate (APR) | 8% – 24% |
| Draw term | Revolving; pay interest only on what you use |
| Funding speed | 24 – 48 hours |
| Credit minimum | 600+ (lower with strong revenue) |
| Time in business | 6 months+ |
Line of Credit vs. Term Loan
Choose a line of credit for ongoing or unpredictable needs — you draw and repay repeatedly and only pay for what you use. Choose a term loan for a single, known, larger expense you’ll repay on a fixed schedule. Many businesses keep a line of credit open as a safety net even when they don’t need it that month. Compare every option in our 2026 funding guide.
Line of Credit FAQ
Do I pay interest on the full credit limit?
No — only on the amount you draw. If you’re approved for $100,000 and draw $20,000, you pay interest on $20,000.
Can I get a line of credit with bad credit?
Revenue-based options exist for lower scores, though rates are higher. See bad-credit funding if your FICO is under 600.
How fast can I access funds?
Once approved, draws typically hit your account within 24–48 hours, and often same day after the line is established.
Will applying hurt my credit score?
No. We match you with a soft credit pull, so checking your options has no FICO impact.
How It Works
- Get approved for a maximum credit limit
- Draw funds as needed, when you need them
- Pay interest only on the amount you use
- Repay on a flexible schedule
- Available credit replenishes as you pay down your balance
Why Choose Line of Credit
- No lump-sum funding you don’t need
- Ongoing access to capital without repeated applications
- Helps smooth cash flow and cover short-term expenses
- Flexible use for payroll, inventory, marketing, repairs, or emergencies
How it Works
Apply
It takes about 15 minutes to provide us with your basic business and ownership information.
Receive Decision
Receive a decision within 24 hours. Review loan terms to determine if it makes sense for your business.
Funding
Sign documents electronically and receive funds directly to your business checking account.
Easy
Funding
Fundmerica can quickly and easily customize a small business loan that works for your business, so you can get on with the business of building your bottom line.
15 minute application
24 hour funding decisions
access funds in 2 days
loans up to $1 million
WHAT OUR CLIENTS SAY
FREQUENTLY ASK QUESTIONS
Our experienced staff will help you choose the best option for funding based on your needs and business profile. We’re here to help you every step of the way.
No, you can still qualify for business financing regardless of your personal credit history.
You can get a funding decision in as little as 24 hours! Just fill out our online application to get started.
Get Your Free Funding Quote
See what you qualify for in minutes — soft credit pull, no FICO impact. $10K–$500K, funded in 24–48 hours from 75+ sources.
- Soft pull only
- $10K–$500K
- 24–48 hr funding
- No obligation
Prefer to talk? Call (888) 490-3126 — no obligation.