Business Line of Credit
Always-on funding you can tap whenever you need it. Draw what you want, pay interest only on what you use, and watch your available credit refill as you repay.
What it is
A business line of credit is a pre-approved pool of funds you can borrow against at any time, up to your limit. Unlike a term loan that lands as one lump sum, a credit line is revolving—as you repay what you've drawn, that amount becomes available to borrow again, with no need to reapply.
You only pay interest on the balance you've actually drawn, not your full limit. That makes it the most flexible way to keep working capital on standby for whatever your week throws at you—covering a payroll gap on Monday and stocking up on inventory by Friday from the same line.
Best for
- Businesses with seasonal or fluctuating cash flow that want a safety net always ready.
- Covering payroll gaps, surprise repairs, or short-term shortfalls without taking on a fixed loan.
- Owners who want to pounce on opportunities—a bulk-buy discount or a last-minute order—on short notice.
- Anyone who hates reapplying—draw, repay, and draw again from the same approved line.
How it works
1. Apply in minutes
Complete a short online application and securely link your business bank statements. No hard credit pull to see your options.
2. Get your limit
We review real cash flow and set an approved credit limit, usually within 24–48 hours. You'll see your rate and terms up front.
3. Draw what you need
Transfer funds to your bank in a few taps—often same-day. Interest accrues only on what you draw.
4. Repay & reuse
As you pay down the balance, your available credit refills automatically—ready for the next time you need it.
Rates & terms
- Interest on your drawn balance only—an untouched line costs you nothing.
- No prepayment penalties—pay early to save on interest.
- Weekly or monthly repayment options that fit your billing cycle.
Eligibility & requirements
Most businesses that meet our three core thresholds can qualify for a line of credit:
- 6+ months in business
- $15,000+ in monthly revenue
- 500+ personal credit score
- A US-based business bank account
Why businesses choose it
Only pay for what you use
Interest accrues on the drawn balance, so an open, unused line never costs you a dime.
Reusable by design
Repay and the credit comes right back—no reapplying every time a need pops up.
Same-day access
Once approved, transfer funds to your account in minutes when timing matters most.
No prepayment penalties
Pay down whenever cash flow allows and keep more of your money.
Frequently asked questions
No. You only pay interest on the amount you've actually drawn. If your line sits at zero, you owe nothing—it's simply standing by for when you need it.
Once your line is approved, draws are typically transferred the same business day. Many customers move funds in just a few minutes from their dashboard.
No. Seeing your options starts with a soft inquiry that doesn't affect your score. A hard pull only happens if you accept an offer and move forward.
Yes. As you build a track record of on-time repayment and your revenue grows, we regularly review accounts for limit increases—often automatically.
Related funding
Not sure a line of credit is the right fit? These products solve similar needs in different ways.
Keep cash on standby.
Open a Pulse Capital line of credit and have funding ready the moment you need it—no obligation, no hard credit check to start.