Best Business Credit Lines of July 2021

ElitePersonalFinance
Last Update: July 1, 2021

A business line of credit is a type of small-business loan that provides flexibility that a regular business loan doesn’t. With a business line of credit, you can borrow up to a certain limit — say, $100,000 — and pay interest only on the portion of money that you borrow. You then draw and repay funds as you wish, as long as you don’t exceed your credit limit. A line of credit works similarly to a credit card. Need to manage cash flow? Buy inventory? Pay for a surprise expense? Then a business line of credit makes sense.

2326 Reviews
Amount:

$100,000

Min. Credit Score:

600

APR:

11% - 61.90%

Get started

Chosen 11156 times

2326 Reviews
Amount:

$100,000

Min. Credit Score:

600

APR:

15% - 78%

Get started

Chosen 11156 times