Business Line of Credit
Flexible, revolving capital that's there the moment you need it — and stays out of your way when you don't.
Capital that replenishes as you repay.
A business line of credit is a pre-approved pool of funds you can draw from at any time, up to your limit. You only pay interest on the balance you actually use — not the full amount approved.
As you repay what you've drawn, that credit becomes available again, so a single approval can support you through dozens of cash-flow cycles. It's the closest thing to an always-on safety net: cover payroll during a slow week, jump on a bulk-inventory discount, or smooth a seasonal dip without reapplying every time.
When a line of credit shines.
Flexible by design, it fits businesses with recurring, hard-to-predict capital needs.
- Bridging gaps between accounts-receivable cycles
- Covering payroll during slow or seasonal weeks
- Buying inventory ahead of a busy season
- Handling surprise repairs or emergency expenses
- Taking advantage of time-sensitive supplier discounts
- Keeping working capital ready without idle debt
From approval to draw in days.
Apply online
Share basic business details and three months of bank statements. A soft pull means no impact to your credit to apply.
Get your limit
We review real cash flow and approve a credit limit, usually within 24–48 hours, with terms laid out clearly.
Draw what you need
Transfer funds to your account anytime through your dashboard. Interest accrues only on the amount you draw.
Repay & reuse
As you pay down the balance, your available credit refills — ready for the next opportunity or gap.
Transparent pricing, no surprises.
Your exact rate depends on time in business, revenue, and credit profile. Here's the typical range.
| Detail | Range |
|---|---|
| Credit limit | $5,000 – $250,000 |
| APR | 8% – 29% (interest on drawn balance) |
| Draw term | 6 – 24 months per draw |
| Repayment | Weekly or monthly |
| Origination / draw fee | 0% – 3% per draw |
| Prepayment penalty | None |
Figures are illustrative for this demonstration site. Actual rates, fees, and terms are set during underwriting.
What you'll need to qualify.
Our underwriting weighs the health of your business more than your personal score. Most approved applicants meet these baselines:
- 6+ months in businessTime operating shows us a track record to underwrite against.
- $15,000+ monthly revenueConsistent deposits demonstrate capacity to repay drawn funds.
- 500+ credit scoreWe work with a wide range of profiles — stronger scores unlock better rates.
Benefits of a Verdant line of credit.
Pay only for what you use
Interest accrues on your drawn balance, not your full limit — so an unused line costs you nothing.
Reusable, again and again
One approval supports many cycles. Funds refill as you repay, with no reapplication needed.
Funds in 1–2 days
Once your line is open, draws hit your account fast — ideal for time-sensitive opportunities.
No prepayment penalties
Pay down early to free up credit and reduce interest — there's never a fee for doing so.
Build business credit
Responsible use and on-time repayment help strengthen your business credit profile over time.
One dashboard, full control
Draw, track, and repay from a single view, with real-time visibility into your available credit.
Line of credit FAQ.
A term loan gives you one lump sum repaid on a fixed schedule. A line of credit is revolving — you draw what you need, when you need it, pay interest only on the drawn amount, and reuse the credit as you repay. It's built for ongoing flexibility rather than a single purchase.
No. With our line of credit there are no charges on an unused balance — interest only begins when you draw funds. An optional draw fee may apply at the time of each transfer, which is always disclosed upfront.
Most lines are approved within 24–48 hours of a complete application, and individual draws typically reach your bank account in one to two business days.
Applying uses a soft credit pull, which has no impact on your score. A hard inquiry only happens if you accept a final offer and move forward.
Other ways to access capital.
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Open a line of credit in minutes.
Apply in five minutes and see your limit — with no impact to your credit score.