manu // line-of-credit
Business Line of Credit
A revolving credit line you draw from as needed. Pay interest only on what you use. One application to 75+ lenders. Powered by National Business Capital.
National Business Capital network figures.
Understanding Business Line of Credit
A business line of credit is a revolving fund you can draw from on demand, similar to a credit card but with higher limits and lower rates. You only pay interest on the amount you actually use.
How It Works
Once approved, you can draw funds up to your credit limit at any time. As you repay, the credit becomes available again. Draw periods typically last 6 months to 2 years, with interest-only payments during the draw period.
Key Terms & Eligibility
$10K to $750K
Revolving, 6-month to 2-year draw periods
8% to 24% APR
1 to 5 business days
600
Often unsecured; may require business assets
One application returns matched offers from 75+ lenders, so you compare instead of guess.
Who Should Use Business Line of Credit?
Businesses that need flexible capital for seasonal gaps, unexpected expenses, or short-term opportunities. Ideal for managing cash flow without committing to a lump-sum loan.
Common Uses
- Seasonal inventory purchases before peak periods
- Bridging gaps between payables and receivables
- Emergency repairs and equipment replacement
- Taking on larger projects or contracts
Pros & Considerations
Pros
- Pay interest only on what you draw
- Funds replenish as you repay
- Fast access, often within days
- No need to reapply for each draw
Considerations
- Lower limits than term loans
- Draw periods expire, requiring renewal
- Rates can be higher than SBA loans
How You Qualify
Lenders weigh the whole business, not just a score:
- Time in business and revenue (min. 6 months, $10K/mo)
- Bank deposit consistency and cash flow patterns
- Owner credit (min. 600), as one input among several
- Collateral or asset value, where applicable
Strong revenue or valuable assets can carry a deal that credit alone would not.
How to Apply
- Tell us how much you need and what for. One form, no fee to apply.
- Share basic business and owner details. No hard credit pull to pre-qualify.
- Send recent bank statements, plus equipment quotes, invoices, or financials if relevant.
- Compare matched offers from 75+ lenders and pick what fits.
FAQ
How does a business line of credit differ from a term loan?
A term loan gives you a lump sum upfront with fixed payments over a set period. A line of credit lets you draw funds as needed up to a limit, and you only pay interest on what you use. As you repay, the credit becomes available again.
How much can I get with a business line of credit?
Lines typically range from $10K to $750K, depending on your revenue, time in business, and credit profile. The NBC network can match you with lenders offering the highest limits you qualify for.
How fast can I access funds from my credit line?
Once approved, draws are typically available within 1 to 2 business days. Initial approval and setup takes 1 to 5 business days depending on the lender.
What credit score is needed for a business line of credit?
Most lenders look for a credit score of 600 or higher, but the network weighs your revenue and time in business alongside credit. Some programs work with lower scores.
Is there a hard credit pull to pre-qualify?
No. There is no hard credit pull to pre-qualify through the NBC network, so checking your options does not affect your credit.
Can I renew my line of credit after the draw period?
Yes. Most lines can be renewed at the end of the draw period if your business is in good standing. Renewal may require updated financials but typically does not require a full reapplication.
Do I need collateral for a business line of credit?
Many lines of credit are unsecured, especially for amounts under $100K. Larger lines may require business assets as collateral. The NBC network includes both secured and unsecured options.
Comparing Business Line of Credit to Other Options
- vs. SBA Loans: SBA offers lower rates and longer terms but takes 30-60 days. Business Line of Credit funds significantly faster but at higher rates.
- vs. Equipment Financing: Equipment financing is secured by the asset and limited to equipment purchases. Business Line of Credit offers broader use of funds.
- vs. Working Capital Lines: Working capital lines are revolving and best for ongoing needs. Business Line of Credit provides revolving access suited to specific capital needs.
Related Financing Options
- SBA Loans — government-backed, lowest rates
- Equipment Financing — asset-secured, fast approval
- Working Capital Loans — revolving, flexible use
- Business Line of Credit — draw only what you need
Sources
- U.S. Small Business Administration, funding programs: sba.gov/funding-programs/loans
- Federal Reserve, Small Business Credit Survey: fedsmallbusiness.org/
- SBA Capital Access financial resources: sba.gov/business-guide
About Manu
Manu is a digital platform that helps US manufacturers and small businesses list facilities, showcase capabilities, and market products.
About National Business Capital
National Business Capital is a fintech financing platform that connects businesses with 75+ lenders, $3B+ secured nationwide since 2007.
Verified Reviews
Businesses funded through the National Business Capital network have left 3,000+ five-star reviews on Google and Trustpilot. NBC has secured over $3B in financing since 2007 and maintains an A+ rating. Read verified reviews on NBC's website.
This page was last reviewed July 10, 2026 by Malik Samara, Managing Partner. Our editorial team reviews and updates content on a rolling basis. Learn about our editorial standards.
Manu Business Lending is a paid referral partner of National Business Capital. Financing is provided by NBC and its lender network, not by Manu, and all loans are subject to lender approval, terms, and conditions.