Typical amount
$10,000 – $250,000
Small business loans
Business line of credit
Revolving capital you can draw as the business needs it.
Apply now
Free to apply. No credit impact to submit2.
Time to funding
Often a few business days after a partner approves
Repayment
Revolving. You typically pay on what you draw.
Often reviewed
Revenue, time in business, and recent bank statements
These are typical ranges, not a quote. Lending partners set the amount, cost, timing, and minimums. Applying does not guarantee an offer.
What it is
A line of credit is a limit, not a lump sum you have to take all at once. You draw funds when you need them and pay the balance down. When the partner allows it, that available credit can be used again during the term. Partners set the limit, the rate or factor, and how draws work.
A business line of credit sets a limit you can borrow against, repay, and use again. It is built for ongoing costs, not a single purchase.
Who it is for
- Covering payroll, inventory, or a slow week without taking a new loan each time
- Businesses with operating history and deposits a partner can review
- Owners who want to borrow only what they use
What partners often look for
Credit
Many partners look for a score around 600 or higher
Time in business
Often at least 6 months
Revenue
Steady deposits, commonly from about $10,000 a month
Recent business bank statements are usually requested.
How to apply
- 1
Apply in minutes
Tell us about the business, the amount, and what the funds are for. Applying is free.
- 2
Get connected
One Funding shares your application with lending partners. Those partners decide whether to make an offer.
- 3
Review any offer
If a partner approves you, read the amount, cost, and payment schedule before you accept. Funding speed depends on that partner.
Questions
How is a line of credit different from a term loan?
A term loan is a set amount with a set payoff schedule. A line of credit is a limit you can draw from more than once, usually paying on the amount you actually use.
Do I have to take the full amount?
No. You request draws up to the limit the partner approves. You do not have to draw the full line.
Will applying affect my credit score?
Submitting an application through One Funding does not itself impact your personal credit score. If you accept an offer, that partner may run a hard inquiry.
Apply for Business Line of Credit
One application. No obligation. Partners decide whether to offer funds.
Looking at another option? Revenue-Based Financing, HELOC, Startup Loans.