Business Line of Credit Options
A business line of credit may provide qualifying businesses with flexible access to capital when they need it — draw on funds as needs arise, subject to provider terms and approval.
Funding is subject to provider approval and qualification requirements.
Draw on capital as you need it
Rather than a single lump sum, a line of credit gives you access to funds you can draw from as needs arise — subject to provider terms and approval.
Approved Limit
A provider sets a credit limit if approved.
Draw Funds
Access capital up to the limit as needed.
Use Capital
Apply funds to the business need.
Repay
Repay draws according to provider terms.
Replenish
Available credit may replenish per provider terms.
Exact structure varies by provider.
Two different ways to access capital
Each structure serves a different kind of need. Review costs and terms with the provider before deciding.
Line of Credit
- Access capital as needed
- Potential revolving availability
- Useful for recurring or unpredictable needs
One-Time Funding
- Lump-sum capital
- Fixed initial funding amount
- Useful for a defined purchase or project
What a line of credit can help with
A simple process
Apply
Tell us a few details about your business.
Review
Michelle reviews your situation and needs.
Explore Options
See whether a line of credit may fit.
Move Forward
Compare available options and decide.
Understand the offer before accepting
Ask the provider about each of these. Avoid assuming exact limits or repayment schedules until verified with the provider.
Questions about lines of credit
Explore a business line of credit
See whether revolving access to capital may fit how your business operates.
Funding is subject to approval and provider requirements.
Explore Other Funding Paths
Disclosures
- Funding is subject to provider approval and qualification requirements.
- Terms, rates, amounts, and availability vary by provider and applicant.
- Funds With Michelle may connect applicants with third-party funding/service providers. Funds With Michelle does not guarantee approval, rates, terms, or funding amounts.