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Best Business Lines of Credit of April 2026

A business line of credit gives you access to a set amount of capital that you can draw from as needed. You only pay interest on the funds you draw.
Randa Kriss

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Randa Kriss
Randa Kriss
Sally Lauckner

Edited by

Sally Lauckner
Sally Lauckner

Edited by

Sally Lauckner
Last updated on Jan 5, 2026

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Randa Kriss

Written by

Randa Kriss
Randa Kriss
Sally Lauckner

Edited by

Sally Lauckner
Sally Lauckner

Edited by

Sally Lauckner
Last updated on Jan 5, 2026

Expert verified

Why trust NerdWallet

Advertiser disclosure

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  • Min. time in business (low to high)
Lender NerdWallet rating Best for Max loan amount Min. credit score Min. time in business Min. annual revenue Learn more
SBA CAPLines of credit
See Your Loan Options

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Read expert review

large funding amounts

$5,000,000

650

24 months

Undisclosed
See loan options

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Bluevine - Line of credit
See Your Loan Options

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5.0 /5
Read expert review

fast funding

$200,000

625

12 months

$120,000
See loan options

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Wells Fargo BusinessLine® Line of Credit
See Your Loan Options

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5.0 /5
Read expert review

low interest rates

$150,000

680

6 months

Undisclosed
See loan options

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Headway Capital - Line of credit
See Your Loan Options

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4.8 /5
Read expert review

startup businesses

$100,000

625

6 months

$50,000
See loan options

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Fundbox - Line of credit
See Your Loan Options

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4.7 /5
Read expert review

business owners with bad credit

$250,000

600

3 months

$30,000
See loan options

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OnDeck - Line of credit
See Your Loan Options

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5.0 /5
Read expert review

unsecured lines of credit

$200,000

625

12 months

$100,000
See loan options

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Quantum Lending Solutions - Line of credit
See Your Loan Options

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4.4 /5
Read expert review

flexible repayment terms

$150,000

680

12 months

$50,000
See loan options

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Bank of America Business Advantage Cash Secured Line of Credit
4.6 /5
Read expert review

secured lines of credit

Undisclosed

700

6 months

$50,000
get your customized rates

best business lines of credit: More details

U.S. Small Business Administration: Best for large funding amounts icon

U.S. Small Business Administration: Best for large funding amounts

The SBA CAPLines program offers four credit line options that offer funding up to $5 million. These lines of credit can be used for working capital, seasonal expenses, construction costs and contract expenses.

SBA CAPLines of credit

SBA CAPLines of credit

Read Expert Review
See your loan options

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Max loan amount
$5,000,000
Min. credit score
650
Min. time in business
24 months
Min. annual revenue
Undisclosed

Pros

  • Line of credit options for seasonal, working capital, building and contracting needs.
  • Large maximum borrowing amounts.
  • Competitive interest rates and repayment terms.

Cons

  • Typically requires good credit and multiple years in business.
  • Slow to fund.
  • Collateral and/or down payment may be required.

Pros

  • Line of credit options for seasonal, working capital, building and contracting needs.
  • Large maximum borrowing amounts.
  • Competitive interest rates and repayment terms.

Cons

  • Typically requires good credit and multiple years in business.
  • Slow to fund.
  • Collateral and/or down payment may be required.
Read Expert Review
Bluevine: Best for fast funding icon

Bluevine: Best for fast funding

Bluevine offers a streamlined application process that can be completed in minutes. You may be able to access funding in as little as 24 hours.

May fund quickly

Bluevine - Line of credit

Bluevine - Line of credit

5.0 NerdWallet rating
Read Expert Review
See your loan options

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Max loan amount
$200,000
Min. credit score
625
Min. time in business
12 months
Min. annual revenue
$120,000

Pros

  • Cash can be available within 12 to 24 hours.
  • Can be used to build business credit.
  • Low minimum credit score requirement.

Cons

  • Requires weekly payments.
  • Not available in North Dakota, South Dakota or Nevada.
  • Rates can be high compared with traditional lenders.

Pros

  • Cash can be available within 12 to 24 hours.
  • Can be used to build business credit.
  • Low minimum credit score requirement.

Cons

  • Requires weekly payments.
  • Not available in North Dakota, South Dakota or Nevada.
  • Rates can be high compared with traditional lenders.
Read Expert Review
Wells Fargo: Best for low interest rates icon

Wells Fargo: Best for low interest rates

Wells Fargo offers business lines of credit with interest rates starting at 9.25%. This credit line is well suited for established companies with good credit.

Wells Fargo BusinessLine® Line of Credit

Wells Fargo BusinessLine® Line of Credit

5.0 NerdWallet rating
Read Expert Review
See your loan options

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Max loan amount
$150,000
Min. credit score
680
Min. time in business
6 months
Min. annual revenue
Undisclosed

Pros

  • Bank line of credit with competitive interest rates.
  • Revolving credit line with no scheduled annual review.
  • No collateral required; no prepayment penalties.

Cons

  • Must have strong credit to qualify.
  • May take longer to fund than online lenders.
  • Annual fee and inactivity fees may apply.

Pros

  • Bank line of credit with competitive interest rates.
  • Revolving credit line with no scheduled annual review.
  • No collateral required; no prepayment penalties.

Cons

  • Must have strong credit to qualify.
  • May take longer to fund than online lenders.
  • Annual fee and inactivity fees may apply.
Read Expert Review
Headway Capital: Best for startup businesses icon

Headway Capital: Best for startup businesses

Headway Capital only requires that you have a minimum of six months in business to qualify for its line of credit.

Headway Capital - Line of credit

Headway Capital - Line of credit

4.8 NerdWallet rating
Read Expert Review
See your loan options

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Max loan amount
$100,000
Min. credit score
625
Min. time in business
6 months
Min. annual revenue
$50,000

Pros

  • Flexible qualification requirements.
  • No prepayment penalties.
  • Funds available by next business day after approval.

Cons

  • Most borrowers are subject to a 2% draw fee.
  • Not available in all U.S. states.

Pros

  • Flexible qualification requirements.
  • No prepayment penalties.
  • Funds available by next business day after approval.

Cons

  • Most borrowers are subject to a 2% draw fee.
  • Not available in all U.S. states.
Read Expert Review
Fundbox: Best for business owners with bad credit icon

Fundbox: Best for business owners with bad credit

You may be able to qualify for a line of credit from Fundbox with a personal credit score of 600 or higher.

May fund quickly

Fundbox - Line of credit

Fundbox - Line of credit

4.7 NerdWallet rating
Read Expert Review
See your loan options

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Max loan amount
$250,000
Min. credit score
600
Min. time in business
3 months
Min. annual revenue
$30,000

Pros

  • Financing available within two business days after approval.
  • Simple application with minimal documentation required.
  • Low minimum credit score, time in business and annual revenue requirements.
  • No prepayment penalties, account maintenance fees or inactivity fees.

Cons

  • Weekly repayments required.

Pros

  • Financing available within two business days after approval.
  • Simple application with minimal documentation required.
  • Low minimum credit score, time in business and annual revenue requirements.
  • No prepayment penalties, account maintenance fees or inactivity fees.

Cons

  • Weekly repayments required.
Read Expert Review
OnDeck: Best for unsecured lines of credit icon

OnDeck: Best for unsecured lines of credit

OnDeck offers business lines of credit of up to $100,000. You don’t need to put up physical collateral to qualify.

May fund quickly

OnDeck - Line of credit

OnDeck - Line of credit

5.0 NerdWallet rating
Read Expert Review
See your loan options

with Fundera by NerdWallet
Max loan amount
$200,000
Min. credit score
625
Min. time in business
12 months
Min. annual revenue
$100,000

Pros

  • Fast access to working capital.
  • Accepts borrowers with a minimum credit score of 625.
  • Streamlined application process with minimal documentation required.
  • Can be used to build business credit.

Cons

  • Not available in North Dakota.
  • May require frequent weekly payments.
  • Interest rates can be high compared with traditional lenders.

Pros

  • Fast access to working capital.
  • Accepts borrowers with a minimum credit score of 625.
  • Streamlined application process with minimal documentation required.
  • Can be used to build business credit.

Cons

  • Not available in North Dakota.
  • May require frequent weekly payments.
  • Interest rates can be high compared with traditional lenders.
Read Expert Review
Quantum Lending Solutions: Best for flexible repayment terms icon

Quantum Lending Solutions: Best for flexible repayment terms

Fundation offers lines of credit with 12- 18-, or 24-month term options. Repayments are made on a monthly basis.

Quantum Lending Solutions - Line of credit

Quantum Lending Solutions - Line of credit

4.4 NerdWallet rating
Read Expert Review
See your loan options

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Max loan amount
$150,000
Min. credit score
680
Min. time in business
12 months
Min. annual revenue
$50,000

Pros

  • Monthly payments (as opposed to daily or weekly required by some online lenders).
  • No prepayment penalties.
  • Can be used to build business credit.

Cons

  • Relatively high minimum credit score requirement compared to other online lenders.
  • Not available in all 50 U.S. states.
  • Not available in Hawaii, Massachusetts, Michigan, North Dakota, New Jersey, Nevada, New York, Ohio, Pennsylvania or Tennessee.

Pros

  • Monthly payments (as opposed to daily or weekly required by some online lenders).
  • No prepayment penalties.
  • Can be used to build business credit.

Cons

  • Relatively high minimum credit score requirement compared to other online lenders.
  • Not available in all 50 U.S. states.
  • Not available in Hawaii, Massachusetts, Michigan, North Dakota, New Jersey, Nevada, New York, Ohio, Pennsylvania or Tennessee.
Read Expert Review
Bank of America: Best for secured lines of credit icon

Bank of America: Best for secured lines of credit

Companies with at least six months in operation can use Bank of America’s cash secured line of credit to build business credit.

Bank of America Business Advantage Cash Secured Line of Credit

Bank of America Business Advantage Cash Secured Line of Credit

4.6 NerdWallet rating
Read Expert Review
Max loan amount
Undisclosed
Min. credit score
700
Min. time in business
6 months
Min. annual revenue
$50,000

Pros

  • Available to borrowers with at least six months in business.
  • No origination fee.
  • Responsible spending can help you graduate to an unsecured credit line.

Cons

  • Credit limit is based on the security deposit you provide.
  • Must have a Bank of America checking or savings account to apply.

Pros

  • Available to borrowers with at least six months in business.
  • No origination fee.
  • Responsible spending can help you graduate to an unsecured credit line.

Cons

  • Credit limit is based on the security deposit you provide.
  • Must have a Bank of America checking or savings account to apply.
Read Expert Review

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A deep dive into our top picks
What is a business line of credit?
Types of business lines of credit
Pros and cons of business lines of credit
How to qualify for a business line of credit
Where to get a business line of credit
Alternatives to business lines of credit
Frequently asked questions
Table of contents
  • A deep dive into our top picks
  • What is a business line of credit?
  • Types of business lines of credit
  • Pros and cons of business lines of credit
  • How to qualify for a business line of credit
  • Where to get a business line of credit
  • Alternatives to business lines of credit
  • Frequently asked questions

A deep dive into our top picks

SBA CAPLines of credit

Best for large funding amounts
Overview: Part of the SBA 7(a) loan program, the SBA CAPLines program offers four lines of credit options: working capital, seasonal, builders and contract. These credit lines are designed to meet specific short-term and cyclical working capital needs. You’ll likely need good credit and multiple years in business to qualify.
  • You want funds for seasonal, working capital, building or contracting needs.
  • You need access to a large amount of funding.
  • You want low interest rates and long repayment terms on your business line of credit.
  • You have less than two years in business.
  • You have bad or fair credit.
  • You need funding quickly.

Bluevine

Best for fast funding
Overview: You can apply for a Bluevine line of credit in just minutes and receive a decision as fast as the same day. After you make an initial draw, you’ll receive your funds in as little as 24 hours — or even sooner if you opt for a wire transfer ($15 fee) or have a Bluevine business checking account.
  • You need fast access to working capital.
  • You have a credit score of 625 or higher and 12 months or more in business.
  • You don’t want to pay a draw or account maintenance fee.
  • You want monthly repayments.
  • You want to repay over a long period of time (more than 6 months).
  • You’re located in North Dakota, South Dakota or Nevada.

Wells Fargo

Best for low interest rates
Overview: This Wells Fargo credit line is a good option for established businesses that want low interest rates on their financing. Wells Fargo waives its annual fee for the first year and automatically enrolls you in a rewards program that allows you to earn points for your spending.
  • You want a line of credit with low interest rates.
  • You have strong credit.
  • You don’t have collateral to secure a loan (or don’t want to risk your assets).
  • You have less than two years in business.
  • You don’t want to pay an annual fee after the first year.
  • You need fast access to funding.

Headway Capital

Best for startups
Overview: Headway Capital offers a business line of credit in amounts up to $100,000. You can repay your line of credit on a weekly or monthly basis, with repayment terms of 12-, 18- or 24 months. To qualify, you’ll need at least 6 months in business.
  • You need fast access to working capital.
  • You have less than one year in business.
  • You don’t have collateral to secure a loan (or don’t want to risk your assets).
  • You need more than $100,000 in financing.
  • You don’t want to pay a draw fee.
  • You’re located in Arkansas, Connecticut, Montana, Michigan, North Dakota, Nevada, Rhode Island, South Dakota or Vermont.

Fundbox

Best for business owners with bad credit
Overview: Fundbox offers a fast and flexible line of credit up to $250,000. With a minimum credit score requirement of 600 — lower than many competitors — Fundbox can be a good option for borrowers with less-than-perfect credit.
  • You’re still growing your revenue.
  • You have at least 3 months in business.
  • You have a credit score of 600 or higher.
  • You want to build business credit.
  • You want monthly repayments.

OnDeck

Best for unsecured lines of credit
Overview: OnDeck’s line of credit is a good option for those who don’t want to risk their company assets — as OnDeck doesn’t require physical collateral nor does it take out a UCC lien on your business.
  • You need fast access to working capital.
  • You have a credit score of 625 or higher.
  • You don’t have collateral to secure a loan (or don’t want to risk your assets).
  • You want to build business credit.
  • You have less than 12 months in business.
  • You’re located in North Dakota.

Quantum Lending Solutions

Best for flexible repayment terms
Overview: Quantum’s interest rates start at 20.21% — on the low end for an online lender — but unlike some competitors, Quantum charges an origination fee and an inactivity fee. Still, it can be a worthwhile option for newer businesses with strong credit.
  • You have at least 12 months in business.
  • You want to build business credit.
  • You want to choose between three repayment terms with monthly payments.
  • You have bad or fair credit.
  • You don’t want to pay an inactivity fee.
  • You’re located in Hawaii, Massachusetts, Michigan, North Dakota, New Jersey, Nevada, New York, Ohio, Pennsylvania or Tennessee.

Bank of America

Best for secured lines of credit
Overview: Bank of America’s Business Advantage Cash Secured Line of Credit is designed specifically for startups that are looking to establish business credit. You fund your credit line with a minimum deposit of at least $1,000 and use it to pay for day-to-day business expenses. Responsible spending and on-time payments can help you build your business credit — and eventually, graduate to an unsecured credit line.
  • You have strong credit and at least 6 months in business.
  • You’re willing to put down a deposit of at least $1,000.
  • You want to build business credit and possibly graduate to an unsecured line of credit.
  • You need a large amount of funding.
  • You can qualify for a competitive unsecured line of credit.
  • You need fast access to working capital.

How much do you need?

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We’ll start with a brief questionnaire to better understand the unique needs of your business.

Once we uncover your personalized matches, our team will consult you on the process moving forward.

What is a business line of credit?

A business line of credit is a type of small-business loan that allows you to borrow up to a certain limit and only pay interest on the money you borrow — similar to the way a credit card works. You then repay the funds over time, typically on a weekly or monthly schedule.
As you repay what you’ve borrowed, you can continue to draw on the line — provided your payments are on time and you don’t exceed your credit limit.

Types of business lines of credit

There are two types of business lines of credit: secured and unsecured.

Secured business lines of credit

A secured business line of credit requires you to put up assets such as inventory or property as collateral. If you fail to pay back the credit line, your lender could seize your assets.
Because secured lines of credit help mitigate risk for the lender, these products often have more competitive rates and terms than unsecured options.

Unsecured business lines of credit

An unsecured business line of credit doesn’t require physical collateral, but some lenders may still require a personal guarantee or a lien on your business’s assets.
A personal guarantee gives a lender the right to go after your personal assets, like your house, if you default on a loan. A UCC lien is similar; a lender can seize your business assets if you haven’t repaid a loan.

Pros and cons of business lines of credit

Pros

  • Good option for working capital, short-term expenses and emergency funding needs.
  • Only pay interest on funds you draw, not the total credit limit.
  • May be easier to qualify for than traditional term loans.
  • Can be used to build business credit.

Cons

  • Not suitable for large purchases or investments.
  • May include a variety of fees that can add to overall cost.
  • Often have shorter repayment terms and lower funding amounts than traditional term loans.
» MORE: Compare the best working capital lines of credit

How to qualify for a business line of credit

Some bills and a red card.
Personal credit score: 600 to 700
Some online lenders accept credit scores as low as 600, but traditional lenders generally require stronger credit, often a score of 690 or above. A higher credit score can help you qualify for the best rates and terms.
Sign with a "we are open" text.
Time in business: 3 months to 2 years
Most traditional lenders will want to see at least two years in business. Online lenders are more likely to work with startups, provided they have a minimum of three to six months in operation.
Green circle with upward chart.
Annual revenue: $30,000 to $300,000
Businesses with lower revenue may still qualify for a line of credit. To get a bank business loan or SBA loan, however, you'll likely need annual revenue upward of $100,000.

Where to get a business line of credit

Banks and credit unions

Banks and credit unions typically offer the most competitive rates and terms on a business line of credit. To qualify, however, you’ll usually need to meet strict eligibility requirements, such as strong revenue, good credit and several years in business.
Compared with online lenders, banks and credit unions can be more likely to require physical collateral to secure your credit line, especially for larger limits. They’re also more likely to charge additional fees, such as annual or inactivity fees.

Online lenders

Online lenders are often a good option for startups or borrowers with bad credit, since they usually have more flexible business line of credit requirements than banks and credit unions.
Online lenders typically have streamlined application processes and fewer fees, and may be able to issue small-business lines of credit in a matter of days. However, these lenders are also likely to charge higher interest rates than banks and may have lower credit limits.

SBA lenders

Some banks and credit unions also offer SBA CAPLines of credit. These SBA lines of credit are part of the 7(a) program, offering funding up to $5 million. There are four different credit line options based on your industry and financing needs.
Although you’ll still need to meet strong qualifications to get an SBA line of credit, these products may be slightly easier to access than traditional bank credit lines. Like business bank loans, however, these SBA lines of credit require a detailed application process and will likely be slow to fund.
Video thumbnail

Alternatives to business lines of credit

Not sure a business line of credit is right for your needs? Consider these alternatives.
  • Business term loans. A business term loan is a lump sum of capital that’s repaid over a set period of time, with interest. Compared to lines of credit, term loans are better suited for making specific purchases or investments in your business.
  • Business credit cards. Business credit cards are similar to lines of credit; they’re revolving credit lines that let you make purchases (up to a specific limit), repay the full amount or a portion of the balance and repeat the cycle. Business credit cards tend to have higher interest rates than lines of credit, but they also allow you to earn rewards for your spending. Business credit cards tend to work best for smaller ongoing expenses and for newer businesses without established finances.
  • Invoice factoring. Invoice factoring is a type of business financing in which you sell your unpaid invoices to a third party at a discount in exchange for cash upfront. Invoice factoring is a good option for business-to-business companies that need fast access to working capital.
  • Merchant cash advances. With a merchant cash advance, or MCA, a company gives you an upfront sum of capital that you repay using a percentage of your debt and credit card sales, plus a fee. MCAs are fast to fund and typically have flexible qualification requirements — but they can be expensive. It’s best to consider other types of business loans before turning to an MCA.

Frequently asked questions

Business lines of credit may be available up to $500,000, but the amount that you can borrow ultimately varies based on your lender and qualifications. Online lenders typically have lower maximum funding amounts, while banks may offer higher limits or evaluate credit lines on a case-by-case basis. SBA lines of credit are available up to $5 million.
You may be able to qualify for a business line of credit from some online lenders with a minimum credit score of 600. You’ll typically need a strong credit score — close to 700 or higher — to qualify for a credit line from a bank or credit union.
In general, the better your credit, the more options you’ll have — and the lower the interest rates you may receive.
For newer businesses, it can be more difficult to get a small-business line of credit. Traditional lenders, such as banks, typically require you to have several years in operation, good credit and strong finances to secure any type of financing. Some online lenders, however, may be willing to work with startups or businesses with bad credit.
Funding timelines for business lines of credit vary from lender to lender. Some online lenders can approve and fund applications as quickly as the same day — and in general, most of these companies can provide capital within a few business days.
With more traditional lenders, on the other hand, it may take anywhere from several days to several weeks for you to get a line of credit.
Last updated on January 5, 2026
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