Business Line of Credit
Draw what you need, when you need it, and pay interest only on what you use.
- Compare several lenders with one application
- No credit pull to see your options
- No fee to you, ever
At a glance
- Best for
- Businesses that want flexible access to cash rather than one lump sum.
- How it is repaid
- Pay back what you draw; the limit frees up again as you repay.
How business line of credit works
A revolving credit limit you can draw from and repay again and again. Unused credit usually costs nothing or very little.
What businesses use it for
- Seasonal cash flow
- A safety net for surprises
- Buying inventory on short notice
- Smoothing out uneven months
How repayment works
Pay back what you draw; the limit frees up again as you repay.
Is it a fit?
Businesses that want flexible access to cash rather than one lump sum.
Are you a match?
Lender network minimums
Each lender sets its own criteria for business line of credit. These are the lowest minimums in our network. Close but not quite there? Apply anyway and we will tell you honestly what is possible.
*Best available terms from lenders in our network. Every lender sets its own criteria; approval, amount and funding time are decided by the lender and not guaranteed.
| Time in business | 1 year+ |
|---|---|
| Monthly bank deposits | $20,000+ |
| Credit score | 500+ |
| Bank account | Business |
| Fee to you | $0 |
| Credit pull to start | None |
How it works
Three steps from application to funding
Tell us what your business needs.
A few questions and your contact details. No documents and no credit pull yet.
One application. Many lenders.
Every lender looks for something different. We line you up against each one so you only talk to the ones likely to say yes.
Pick the offer. Get the money.
You choose. The lender approves and sends the money straight to your business account.
FAQ
Business Line of Credit questions
Who is business line of credit for?
Businesses that want flexible access to cash rather than one lump sum.
How is business line of credit repaid?
Pay back what you draw; the limit frees up again as you repay.
Does celerfunding.com lend the money?
No. We match you with independent lenders and funding companies. They approve, fund and set the terms.
Does it cost me anything?
No. We never charge you a fee. We are a broker, not a lender. Lenders may pay us a fee when you're funded; this may affect which offers you see.
Will applying hurt my credit?
Our intake does not pull your credit. Some lenders do a soft pull to pre-qualify you; a hard pull only happens if you choose to move forward with a specific lender, and they will tell you first.
By industry
Industries that use business line of credit
Restaurants · Trucking · Construction (all trades) · Salons & spas · Medical & dental · General contractors · Roofing · HVAC · Plumbing · Electrical · Landscaping & snow removal · Painting · Flooring · Concrete & paving · all industries
Guides
Read before you apply
- Is a merchant cash advance worth it?
- Factor rate vs APR: what a 1.30 really costs
- How to read a business loan offer
- MCA stacking: why it spirals and honest ways out
- Line of credit vs term loan: which one fits your business?
- How invoice factoring works: advance, reserve, fees and fit
- Seasonal business funding: planning for the slow months
- How fast can I get business funding? Realistic timelines by product
- How much can my business borrow?
- SBA 7(a) vs 504: which SBA loan fits your business?
- The Canada Small Business Financing Program, explained in depth
- My bank declined my business loan. What now?
- Declined for business funding: what it means and what to do next
- What are the alternatives to a merchant cash advance?
- Funding a second or third location: what to sort out before you borrow
- Covering payroll when a customer pays late
- Personal guarantees on business loans: what you are actually agreeing to
- Purchase order financing: funding a big order before you get paid
- Revenue-based financing: how it works and who it suits
- Business funding for sole proprietors: what lenders look at
- Unsecured business loans: can you borrow with no collateral?
- What is a business funding marketplace (and what it isn't)?
- What is a UCC lien, and how does it affect your next funding application?
Other options
Other funding options
Working Capital
Cash for payroll, inventory and the slow months, so day-to-day never stalls.
Great for: Businesses with steady monthly deposits that need cash quickly.Learn more →Business Term Loans
A lump sum up front, repaid on a fixed schedule. Built for planned growth.
Great for: Established businesses with a clear plan for the money.Learn more →Equipment Financing
Buy the ovens, trucks, machines and POS hardware you need and pay over time.
Great for: Any business buying equipment that holds its value.Learn more →See your business line of credit options
Two minutes, no credit pull, no fee. We come back with real options from lenders that fit.