Business Line of Credit

A business line of credit gives companies flexible access to capital that can be drawn, repaid, and reused as needed to manage cash flow and expenses.

Features

• Funds are available on demand up to an approved limit

• Interest is only charged on the amount used

• Ideal for short-term working capital needs

• Commonly used for payroll, inventory, or operating costs

• Revolving structure allows repeated use as balance is repaid

• Can be secured or unsecured depending on the lender

• Offers more flexibility than a traditional term loan

• Helps smooth seasonal or uneven cash flow

• Credit limits may increase as business performance improves

• Useful as a financial safety net for unexpected expenses