How to Get a Business Line of Credit
A business line of credit is the most flexible funding tool available — draw what you need, pay it back, and draw again. Here is how to qualify and use it right.
$10K – $500K
Typical Credit Limit
8% – 36%
Typical APR
600–650+
Min Credit Score
Qualification Requirements
Time in business
Most lenders require 6–12 months minimum. Banks typically want 2+ years.
Annual revenue
Minimum $50K–$100K annual revenue for most online lenders; $250K+ for banks.
Personal credit score
600+ for online lenders, 680+ for traditional banks and SBA-backed lines.
Business bank account
Lenders will review 3–6 months of business bank statements.
Business credit score
A Dun & Bradstreet PAYDEX score of 75+ strengthens your application significantly.
Apply before you need it
The best time to apply for a line of credit is when your business is healthy and cash flow is strong — not when you are in a cash crunch. Lenders approve based on your history, not your current need.