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Line of credit

Business Line of Credit

Flexible financing, there when you need it.

Funding amount
Up to $1M
Term
6 months to 3 years
Cost
Starting at 4.5%
Funding speed
Within 1–2 days
A jeweller's trays of rings and chains: stock bought in when the season calls for it.

Line of credit

What it is, and when it suits

A line of credit gives you access to a fixed amount of capital that you draw on only when you need it. Think of it as a financial safety net: it sits there costing nothing until the day it earns its keep.

When you do draw on it, you can use it for almost any business need, and you pay for what you use rather than for the whole facility.

Worth knowing

What this option gives you

  • Flexible financing
  • No obligation to use it
  • Works for almost any business need
  • Pay for what you use

The application

Start your comparison

About two minutes: the amount, who to send your offers to, and a few questions about the business. No application fee, and nothing is agreed until you choose an offer.

The application is the way in, and it takes about two minutes.

The six

All six, with this one marked

Term Loan

The classic way to fund a bigger move.

Loan amount
$20K – $1M
Interest rate
As low as 6%

Equipment Financing

Equipment for virtually any industry.

Loan amount
Up to $250K
Cost
As low as 8%

Working Capital

Funding your day-to-day operations.

Funding amount
Up to $1M
Cost
Starting at 4.5%

Business Cash Advance

Quick and efficient access to capital.

Funding amount
$5K – $500K
Factor rate
10% – 35%