ALSO AVAILABLE
Business line of credit
A conventional revolving facility for businesses with the financials to support it. Lower cost than a flex line, more paperwork, and a real underwrite.
- Size
- $50,000 – $1,000,000
- Term
- 12 – 36 months, renewable
- Speed
- 5 – 15 business days
- Best for
- Two-plus years, clean books
What this actually costs
- Amount funded
- $100,000 limit
- Total dollar cost
- $8,600 on a $75,000 average balance
- Payment schedule
- Interest-only monthly, principal on demand
- Annualized rate
- 11.5% APR
Illustrative only. Your actual terms depend on your business and the funder.
How it works
- 01
You submit a full financial package
Statements, P&L, balance sheet, and returns. This is a real underwrite.
- 02
A limit is set against cash flow
Often with a covenant or a reporting requirement attached.
- 03
You revolve against it
Draw, repay, draw again through the life of the facility.
- 04
You renew annually
Clean usage and reporting get you a larger limit next cycle.
Revolving lines are the cheapest ongoing money most small businesses can get. The tradeoff is time and documentation. If you can wait two weeks and your books are clean, start here before anything else on this site.
When it fits
- Two or more years in business with organized financials.
- You need standing access rather than a lump sum.
- You can live with covenants and periodic reporting.
When it's the wrong tool
- You need funds this week.
- Your bookkeeping isn't current — fix that first, it's worth real money.
- You're under a year old with thin financials.
Common uses
- A distributor smoothing inventory cycles across a year.
- A professional services firm covering payroll against billed work.
- A manufacturer funding raw materials on repeat orders.
Questions
- How is this different from a flex line?
- Same shape, different underwrite. A conventional line costs less, takes longer, and asks for a full financial package.
- What's a covenant?
- A condition you agree to maintain — a coverage ratio, a reporting cadence. Break it and the facility can be called. We flag every covenant in writing.
- Do I need collateral?
- Frequently a blanket lien on business assets, plus a personal guarantee.
- How long does approval take?
- Typically one to three weeks depending on how ready your financials are.
See what you'd actually pay.
Three documents to start: the last four months of business bank statements, a driver's license, and a voided check. That's the whole file to get options back.
FundMainStreet.com is a financing arranger, not a lender or a bank. We connect business owners with third-party funding partners and are compensated by those partners when a transaction closes; we disclose that compensation to you before you sign. Approval, terms, and funding are determined solely by the funding partner. Merchant cash advances are purchases of future receivables, not loans. All figures shown on this site are illustrative and are not an offer or commitment to fund.