Every small business hits cash flow bumps — and that’s where a business line of credit can be a lifesaver. Unlike traditional loans, a line of credit gives you access to funds on a revolving basis, meaning you borrow what you need, when you need it, and only pay interest on the amount you use.
What Is a Business Line of Credit?
A business line of credit works like a credit card, but usually with lower interest and higher limits. It’s perfect for managing payroll, buying inventory, or covering short-term expenses. Most providers offer lines from $5,000 to $250,000, depending on your business revenue and creditworthiness.
Top Providers to Consider in 2025
| Provider | Credit Limits | APR Range | Best For |
|---|---|---|---|
| BlueVine | $6,000 – $250,000 | 6.2% – 78% | Fast approvals, weekly payments |
| Fundbox | $1,000 – $150,000 | 4.66% – 18% | Short-term needs, fair credit |
| Lendio | $1,000 – $500,000 | Varies by partner | Comparing multiple lenders at once |
| Bank of America | Up to $100,000 unsecured | Starts at 10% | Established businesses |
Is a Line of Credit Right for Your Business?
This funding option is ideal for businesses with seasonal revenue cycles, or those that need recurring access to capital without reapplying. Startups with at least 6 months in operation and decent credit may also qualify through fintech platforms.
How to Choose the Right Lender
- Compare fees, draw terms, and repayment flexibility
- Check if the lender reports to credit bureaus
- Ask about early payment penalties or inactivity fees
Ready to move forward? Start with a trusted provider like Lendio to compare your best-matched offers within minutes. And remember, always borrow responsibly.