Small Business Line of Credit
A business line of credit gives you flexible, revolving access to working capital. Draw what you need, when you need it, and only pay interest on what you use. Unlike a traditional loan, your credit replenishes as you repay, giving you an ongoing financial safety net for cash flow management, unexpected expenses, and growth opportunities. Rise connects small businesses with revolving credit from $10,000 to $500,000 with fast approvals and funding as soon as the same business day.
Check Eligibility
What Is a Business Line of Credit?
A business line of credit is a revolving financing product that gives you access to a set credit limit, typically $10,000 to $500,000 depending on your revenue and financial profile. You draw funds as needed and only pay interest on the amount you actually use, not the full limit.
As you repay what you have drawn, that credit becomes available again, making it fundamentally different from a term loan where you receive a lump sum with fixed payments. This revolving structure is ideal for managing cash flow, covering seasonal fluctuations, and funding recurring operational expenses.
Available as secured (backed by collateral) or unsecured (no collateral required), approval is typically based on your revenue history, time in business, and creditworthiness. Unlike a business credit card, a working capital line of credit offers significantly higher limits, lower interest rates, and direct access to cash. Not sure how much you need? Our business loan calculator can help you estimate costs.
Requirements to Qualify for a Business Line of Credit
Personal FICO Score
600+
Lenders use this to assess financial responsibility. Rise works with a range of credit profiles, and a higher score unlocks better rates and higher limits.
Monthly Revenue
$25,000+
Consistent monthly deposits verified via bank statements are a primary factor in underwriting. Stronger revenue means higher credit limits.
Time in Business
6+ months
Shows an established operational history. Some products require 12+ months for higher credit limits.
Bank Account
Business account required
Used to verify revenue patterns and manage automated repayments. Personal accounts are not accepted.
Not sure if you qualify? Rise evaluates your full business picture, not just a single number. Even if you don't meet every threshold, we may be able to connect you with a line of credit that fits your situation. Restaurants, healthcare practices, and businesses across all industries are welcome to apply.
How a Business Line of Credit Works
Draw Funds On Demand
Access your credit line anytime through an online portal or linked account. Draw the exact amount you need with no minimum draw requirement. Funds are typically available within hours of a draw request.
Pay Interest Only On What You Use
Unlike a term loan where you pay interest on the full amount, your credit line charges interest only on the outstanding balance. If your limit is $200,000 but you draw $50,000, you only pay interest on the $50,000.
Revolving Credit Replenishes
As you repay your draws, your available credit restores automatically. There is no need to reapply for additional funding. This cycle of draw, repay, and redraw makes it a long-term financial tool, not a one-time transaction.
Flexible Repayment Schedule
Most revolving credit products offer weekly or monthly repayment options. Payments are typically calculated as a percentage of your outstanding balance plus interest, keeping them proportional to what you have actually used.
See If You Qualify in Minutes
Find out how much working capital your business can access. The application takes less than 5 minutes and won't impact your credit score.
Pros & Cons of a Business Line of Credit
Pros
Only Pay For What You Use
Interest accrues only on the amount you draw, not your total credit limit. This makes it one of the most cost-efficient financing tools available.
Revolving Access To Capital
Your credit replenishes as you repay. One approval gives you ongoing access to funds without reapplying each time you need capital.
Cash Flow Flexibility
Cover payroll gaps, seasonal dips, vendor payments, or unexpected expenses on your own timeline. This type of financing adapts to your business rhythm.
Fast Access When You Need It
Once approved, draws are typically funded within hours. No waiting weeks for a new loan application to be processed each time you need capital.
Build Business Credit
Responsible use of revolving credit, including consistent draws and on-time repayments, strengthens your business credit profile, improving your access to larger financing products at better rates.
Cons
Variable Interest Rates
Many revolving credit products carry variable rates that can increase over time. Unlike a fixed-rate term loan, your cost of borrowing may change, making long-term budgeting less predictable.
Requires Ongoing Management
This product requires active monitoring: tracking draws, repayments, available balance, and interest charges. It demands more financial discipline than a simple fixed-payment loan.
Alternatives to a Business Line of Credit
- Lump sum funding with fixed repayment over 3 to 18 months
- Predictable daily, weekly, or monthly payments
- Best for one-time expenses like inventory purchases or equipment repairs
- Faster approval with less documentation than revolving credit
- Higher total cost but simpler to manage with no revolving balance
- Lump sum advance repaid through a percentage of daily revenue
- No fixed payment schedule; repayment flexes with your sales
- Fastest funding option with same-day approval and 24-hour deposits
- No collateral and minimal credit requirements
- Higher cost of capital but maximum flexibility and speed
- Repayments scale with your monthly revenue automatically
- No equity dilution; you keep full ownership of your business
- Fixed repayment cap so you know your total cost upfront
- Good fit for businesses with consistent but growing revenue
- Longer repayment windows than a merchant cash advance
Frequently Asked Questions About
Business Lines of Credit
Some startups can qualify. Approval typically depends on the owner's personal credit score, revenue projections, and business plan. Most lenders prefer at least 6 months of operating history. Startups with limited history may need to start with a short-term loan or merchant cash advance and graduate to revolving credit as they build a financial track record.
Trusted by Small Businesses Across the USA
Fast Approval
As Little As 2 Hours
Funding Available
$5K to $5M
Businesses Funded
Across All 50 States
Business Line of Credit in Your State
Available across all 50 states and Washington, D.C. Pick your state to see local programs, qualification specifics, and state-tailored FAQs.
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Check Your Line of Credit Eligibility
Get flexible, revolving access to business capital. Apply in minutes, get approved the same day, and draw funds whenever your business needs them.