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Loan Programs

Business Lines of Credit

Revolving access to capital on your schedule. Draw what you need, repay, and draw again — paying interest only on the outstanding balance.

$10K–$500K

Typical Range

1–3 yrs

Draw Period

8–24%

Rates

Yes

Revolving

SBA Preferred NetworkMatched in 24hNo credit check to qualify

Who Qualifies

  • Minimum 1–2 years in business
  • Personal credit score of 620+ (secured) or 680+ (unsecured)
  • Consistent revenue with seasonal or periodic cash flow variation
  • No outstanding tax liens or recent bankruptcies
  • Positive operating history with manageable existing debt

Common Uses

Seasonal inventoryCash flow gapsPayroll coverageMarketing spendEmergency repairsShort-term opportunitiesAccounts receivable bridge

How LenderMatch Helps

Lines of credit are highly sensitive to industry, revenue seasonality, and banking relationship. LenderMatch analyzes call report data to identify banks actively extending revolving credit to businesses in your sector — dramatically narrowing the field from hundreds of potential lenders to the handful most likely to approve your request.

Frequently Asked Questions

What is the difference between a secured and unsecured line of credit?

Secured lines require collateral (receivables, inventory, or a blanket lien). Unsecured lines rely on creditworthiness alone and typically carry higher rates and lower limits. Most small business lines are secured.

How does a revolving line of credit work?

You draw funds up to your credit limit, repay the balance (fully or partially), and can draw again. Interest accrues only on the outstanding balance. The line renews annually with the lender's approval.

Can I use a line of credit for payroll?

Yes. Covering payroll during slow periods is one of the most common uses. Lenders typically allow any working capital purpose unless the line is designated for a specific use.

How is a line of credit different from a term loan?

A term loan gives you a lump sum upfront. A line of credit is flexible — you draw what you need and repay as cash flow allows. Lines are better for recurring or unpredictable needs; term loans suit large, planned investments.

Are lines of credit renewable each year?

Most commercial lines require annual renewal. The bank reviews your financials, may adjust the limit, and resets the draw period. Consistent usage and repayment history make renewals straightforward.

Check Your Eligibility

Free 2-minute qualifier. No credit check.

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