Small business line of credit*

At Credibly, approval is possible with a credit score of 700, $20k+ in average monthly deposits and 6+ months in business.

We help business owners who demonstrate solid revenue and cash flow get flexible funding without all the red tape. If you’re still building credit or revenue, we’ll walk you through options that meet you where you are.

Yes, LLCs can absolutely qualify for a business line of credit. In fact, it’s a smart way to manage working capital, cover short-term expenses, or keep your cash flow steady during slower seasons.

If your business faces regular cash flow gaps, seasonal swings, or unexpected costs, a business line of credit can be a big help.

You only pay interest on what you use. It’s not for every situation, but if you want financial breathing room without a long-term loan, it’s a smart tool.

Credibly’s line of credit partners accept applications starting at 700.

We also consider your time in business, revenue, and financial health.

If you’re close to the threshold or unsure where you stand, we can help assess your eligibility and show you how to strengthen your application, or help you find other financing solutions that fit your needs.

To boost your approval odds, focus on three key areas: consistent revenue, solid credit (business and personal), and organized documentation.

Financiers want to see reliable cash flow, a good credit score, and clear plans for how you’ll use the funds. Make sure your business financials, tax returns, and bank statements are up to date.

Yes, you can access cash from your business line of credit whenever you need it, up to your approved limit. Think of it like a revolving credit account: you draw funds, use them how you want, repay, and draw again.

It’s flexible and fast, which is ideal for covering short-term needs or keeping operations smooth.

It can depend on the terms of your line of credit. Some lines of credit come with additional fees like a draw fee. Clarify with your financing provider about any potential fees before you get started.

Some business lines of credit don’t lock in a fixed rate, so your remittance may change based on market conditions. That means less predictability in your monthly expenses. Also, if misused, it’s easy to rack up interest on unnecessary draws.

That depends on your credit, revenue, and business profile. Most business lines of credit range from $5,000 to $500,000.

Credibly can help you access credit lines up to $300,000 through our network of partners.

Financiers will assess your risk level based on financial history, cash flow, and how long you’ve been in business.

Don’t know where you stand? We’ll help you evaluate what you qualify for.

It depends on if the business line of credit is secured or unsecured.

Unsecured means you don’t need to put up collateral, but there is more risk for the financier. Therefore, you need to have a higher business credit score in order to qualify for one. A secured line of credit requires collateral.

A business line of credit is designed for short-term needs and everyday expenses. Use it for payroll, inventory, marketing, vendor payments, or even to handle seasonal slowdowns. It’s flexible, repeatable funding that’s always available when you need it.

The best part? You only pay interest on what you use.

A business line of credit gives you access to flexible, revolving funds you can draw from as needed.

A loan, by contrast, gives you a fixed lump sum upfront with set monthly remittances.

Lines of credit are great for handling short-term expenses and maintaining cash flow. You only pay interest on what you use.

Yes, many business owners use lines of credit to cover payroll during seasonal slowdowns, delayed receivables, or growth spurts.

Since it’s revolving, you can borrow what you need, repay it, and reuse it, without reapplying every time. That means you never have to choose between meeting payroll or pausing operations.

Yes, as long as you use it responsibly.

Drawing from your line of credit and making on-time remittances can help improve your business credit profile over time. Just like personal credit, your remittance behavior is often reported to commercial credit bureaus.

A strong remittance history can boost your borrowing power in the future.

While many factors can impact the time to approval, you could be approved in as fast as a couple of hours.

Once approved, you can draw funds as needed through our secure online platform. If it’s for payroll, purchasing inventory, or covering a vendor bill, your credit line works on your timeline.

No, you can use as much or as little of your credit line as you need. That’s what makes it flexible.

If you're approved for $100,000 but only need $10,000 this month, you draw just that. You only pay interest on what you use.

As often as you need. Once approved, your credit line is revolving, which means you can pull funds anytime up to your limit.

Need $10K today and $5K next week? No problem. You can draw up to your limit.

Whether it’s one large purchase or several smaller ones, your credit line stays ready for whenever opportunity or challenge strikes.

Just be aware if your financing provider charges a fee for each draw, as these costs can add up.

Yes, many businesses qualify for a credit line increase after consistent use and on-time remittances. Financiers review your current draw history, repayment behavior, and updated financials.

If your revenue or credit score has improved, you may unlock a higher limit.

You’ll typically need your business tax ID, proof of revenue, proof of time in business, and personal identification.

At Credibly, we simplify the process with a quick online application so you know exactly what to upload.

It’s fast, clear, and built around getting you funded.

Absolutely, that’s one of the best reasons to have one in place.

A business line of credit acts like a financial safety net, giving you access to capital when an unexpected cost hits.

You don’t need to reapply or wait days for approval. With Credibly, you can draw funds within hours after approval, and in some cases, even faster.

Yes, lines of credit are great for short-term projects or staged investments, like marketing campaigns, product launches, or equipment upgrades.

If your project requires flexibility in timing or remittance, a credit line lets you draw funds as each phase unfolds. You use what you need, when you need it.