Business Line of Credit

Funding at your fingertips

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Access to capital when and where you need it

Funds with flexibility

A business line of credit is a flexible funding option for businesses that periodically need quick access to working capital. Use only the amount you need as you need it, and pay it down when you don’t to avoid paying unnecessary interest.

Similar to a credit card, a business line of credit is a revolving account that has a credit limit and associated interest rate determined by the health of your business’s overall credit profile. You can use your available balance how and when you see fit.

An excellent solution for a range of occasional purchases and expenses, a line of credit can be a great funding resource and credit building tool for businesses that do not exceed their credit limit and can make timely monthly payments.

Lenders offer both secure and unsecured lines of credit. Depending on the size of your requested loan and your credit profile, some lenders may require additional documentation, including tax returns, corporate ownership, profit & loss statements, balance sheets and accounts receivable and payable schedules.

On-demand access to capital, flexible use, and ability to repay early to reduce interest fees make this an attractive financing option for most businesses.

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Line of Credit Pros & Cons



  • Interest is paid only on funds drawn
  • Money can be available when you need it
  • Can be used for a variety of business purposes
  • Less than good credit is acceptable
  • Credit score building


  • Potential to have to provide updated business documentation when making draws
  • Collateral may be required to secure the line of credit
  • Interest rates can be higher if you have a lower credit score.

General Loan Information

Loan Amounts

  • $25,000 to $5,000,000

Loan Terms & Rate

  • Terms 1 to 5 years
  • Monthly Payments
  • Rate 5.00% to 28.99% APR

Credit Requirements

  • FICO Credit Score 600+

Business Requirements

  • Minimum of 1 year
  • Good Business History
  • Annual Revenue $100,000+

* If you meet these general loan guidelines, you will most likely receive loan offers for this funding product. Loan offers are preliminary based on the information evaluated, final funding amount offer may be adjusted during final underwriting.

Let Fimerica help you Borrow with Confidence!

Not sure a line of credit is the financing solution for your business? No problem! Fimerica makes it easy to view and compare all of the business loans and financing products for which you qualify. Get your real-time loan offers in 5 minutes or less. minutes or less.