Best Business Lines of Credit 2026
| Lender | Credit Limit | Min Credit | Draw Rate | Repayment |
|---|---|---|---|---|
| BlueVine | Up to $250,000 | 625+ | From 6.2%/mo | Weekly or monthly |
| Fundbox | Up to $150,000 | 600+ | 4.66%+ (12 wks) | Weekly |
| AmEx Business LOC | Up to $250,000 | 640+ | 3–9% monthly | Monthly |
| OnDeck LOC | Up to $100,000 | 625+ | From 29.9% APR | Weekly |
| Wells Fargo | Up to $150,000 | 680+ | Prime+1.75% | Monthly |
You're approved for a maximum credit limit (e.g., $100,000). You draw funds as needed — transfer to your business account in 1–2 business days. Interest accrues only on the amount drawn, not the full limit. As you repay, your available credit replenishes (revolving). Most lines have 6–24 month draw periods with renewal options.
A term loan gives you all the money upfront at a fixed rate — best for a specific known expense. A line of credit gives you flexible access to funds you may or may not use — best for ongoing cash flow management. Lines of credit typically have higher rates than term loans but provide more flexibility. Many businesses maintain both.
Frequently Asked Questions
Any business purpose — payroll during slow periods, inventory purchases ahead of busy season, bridging gaps between customer payment and supplier invoices, unexpected equipment repairs, marketing campaigns, or any short-term capital need. Lines of credit are the most flexible business financing product.
As often as needed up to your credit limit, as long as your account is in good standing. BlueVine and Fundbox allow same-day transfers during business hours. There's no minimum draw amount on most lines. Some lenders charge a small draw fee ($0–$5) per withdrawal.