What to Expect

Lines of Credit at a Glance

Line Sizes

Up to $250,000

Repayment Terms

36 Months

Payment Options

Daily, Weekly, or Monthly

Available Through

Kapitus Financing Network

Business Line of Credit 101

What is a business line of credit?

A business line of credit allows access to a predetermined amount of funds when you need it while only paying interest on the actual amount used. No unnecessary complexities. Draw and repay as you go for a truly flexible and revolving credit option.

How to get a business line of credit?

Simply fill out the hassle-free Kapitus application and one of our financing specialists will review your information and reach out to you as soon as possible.

Our experts are eager to help build your personalized business profile and understand your needs and capacity to provide you with a business line of credit and terms and conditions tailored to your business needs.

Benefits of a Business Line of Credit Through Kapitus

Packages Built to Your Needs

A Business Line of Credit through the Kapitus financing network is built based off your business’s unique and specific needs. You tell us what you need and our financing specialists will do everything in their power to get you the line of credit that gives your business the flexibility it needs for long-term success.

Exceptionally-Rated Financing Specialists

Our financing specialists are more than just experts in securing funds for your business. They’re dedicated to understanding your needs on an individual level to provide customized solutions that best fit you and your business.

Your success is our priority, and this dedication is one of many reasons that our specialists have one of the highest satisfaction rates in the industry.

Straightforward, Hassle-Free Application

We understand that your time is precious. That is why the Kapitus application process focuses only on what is necessary to get you the financing you need.

With minimal documentation and in as little as ten minutes of your day, you can be connected with your business line of credit in record time. Get the financing you need without unnecessary delays.

With the right documentation and expert guidance from our financing specialists, you can have access to your business line of credit in as little as 1 day.

Access Your Line in as Little as One Day

Kapitus offers you the speed and convenience you deserve for your business’s continued success.

With the right documentation and expert guidance from our financing specialists, you can have access to your business line of credit in as little as 1 day.

Getting Approved for Your Business Loan

Learn More: How a Business Line of Credit Works for Small Businesses

Minimum Requirements to Qualify for a Business Line of Credit

Before we can get started with your business line of credit, we request that some basic minimum qualifications are met. Each of these requirements allow our financing specialists to get a full picture of your current situation so they can guide you in selecting the right financing solution for your business.

Time in Business
2+ Years
Annual Revenue
FICO Score

Understanding Business Line of Credit Requirements

While reviewing business line of credit applications, different pieces of information to determine the financial health of your business and evaluate your ability to take on business debt are taken into account. Among the main factors are:

Personal Credit Scores

Along with business credit scores, personal credit scores help us assess your finances and creditworthiness. Business owners with bad credit could still qualify for another type of loan or work to improve their credit to help qualify for a line of credit.

Business Age

Businesses operating for at least two years have a higher likelihood of getting approved for a a business line of credit. By having two years’ worth of operating history, lenders are able to get a full picture of your business’ situation and can help you determine what amount, terms and repayment arrangements will benefit your business.

Annual Revenue

Annual revenue trends clearly show a business’s success as well as its potential in the short-term. By looking at your annual revenue, we can determine whether a line of credit would add financial stress to your business or give you the boost in cash flow you are seeking.

If additional information is required, such as further identification and recent financial statements, our financing specialists will contact you. Be aware that if your business has undergone significant changes (e.g., a name change or state of operation change) relevant paperwork will be required.

Have questions about business lines of credit?

Speak with a Kapitus Small Business Financing Specialist to learn more.

Learn More About Loans for Small Businesses

Tips on Researching Small Business Loans

Before making a decision to pursue any type of loan, it is crucial that you do some research beforehand. Begin by deciding what exactly you’ll be using your loan to purchase. Evaluate your financial status and examine the options that are available to you, such as equipment loans, lines of credit, and SBA loans to see which best fits your business needs.

Once you know what it is you’re looking for, you’ll be better able to match a loan type to your specific needs. Explore various lenders, carefully considering their base rates, prime rates, fees, eligibility requirements, and customer reviews.

If at any point in your journey, you feel as if you need some expert guidance to make an informed decision, don’t hesitate to reach out to one of our financing specialists.

Do I Need a Small Business Loan?

Determining if you need a small business loan depends on your current financial situation and business goals. 

If you’re looking to expand, invest in new equipment, manage cash flow gaps, or seize growth opportunities, a loan could be very beneficial to your business. Assess your specific needs, evaluate available resources, and consider the potential return on investment. It’s essential to weigh the benefits of financing against the associated costs and obligations.

How Large of a Business Loan Can I Afford?

To find out how much of a business loan you can afford, it’s best to look at your annual gross sales, creditworthiness, current debts, and overall business health.

Using those numbers, calculate how much of a repayment you can afford and reasonably can manage. Be sure to leave some financial cushion to account for any unexpected expenses.

What Type of Business Loan is Best for Me?

Finding the most suitable business loan type involves matching your needs with the financing solution that fits them best. 

Start by understanding why you need the loan—is it for new equipment, growing your business, or handling day-to-day expenses? How would you prefer to repay it—flexible ongoing access or set payments? Also, think about whether you have collateral and how your credit score comes into play. Consider where your business is at—startup or established player? Your industry matters too. 

Lastly, keep your long-term goals in sight. With these factors in mind, explore your financing option and choose the one that has the small business loan rates and terms that best align with your needs and situation.

Applying for a Small Business Loan

Choosing Between a Direct Lender, a Marketplace & Brokers

When it comes to choosing how to get your service, you’ve got three options: a lender, a marketplace, or hiring a broker. Here is how the process will work with each of these three options.

Lender  —  Work directly with the loan provider. This is the best way to secure a quick business loan to meet your financial needs.

Marketplace  —  Connect to many different options and online lenders through a platform. Be aware that this method will require you to do some research to find your best match.

Brokers — A broker is the middle-man between you and your funding. Give your broker your information and they handle the task of finding the right service and solution for you. This option will require you to pay for the broker’s services.

How to Compare Business Loan Options

To effectively compare your business loan options, it is helpful to focus on key factors like interest rates, repayment terms, fees, and loan amounts. Consider your specific needs, such as loan purpose and how long you plan to take to repay your loan. Evaluate the lender’s reputation, customer reviews, and eligibility criteria. Look into the application process and turnaround time. If you are unsure how to choose the loan that works best for your business, please reach out to one of our financing specialists. We are here to help you make an informed decision that aligns with your business goals.

What do I need to apply for a business loan?

Applying for a business loan is a streamlined process. Simply fill out the Business Loan application on the Kapitus website. We only ask for what is necessary to approve your loan.

You’ll need your basic information, credit score, and 3 month’s worth of your business’s bank statements.

*For businesses in California or New York, 4 month’s worth of statements are required.

How Long Does the Business Loan Application Process Take?

Applications can be approved in as little as 4 hours.

Receiving a Business Loan

Once your loan application and terms have been approved, you can expect the funds to be deposited into your designated bank account within 24 hours. 

To ensure a smooth repayment process, make sure you’ve set up your repayment plan according to the terms specified in your loan agreement. Consistent, on-time payments are crucial for maintaining a positive financial relationship. If you ever have questions or concerns, don’t hesitate to reach out to our dedicated team of financial specialists. We’re here to help you every step of the way.

Using Your Funds Wisely

Making the most of your small business loan involves strategic choices on your part. It is wise to invest in areas that directly contribute to your business goals, such as investing in new facilities, acquiring inventory, or hiring additional staff. By prioritizing smart spending, you’ll build financial stability and create opportunities for your business to thrive.

What to do if You Were Declined for a Business Loan

If, after submitting your application, you are denied a business loan, then that does not mean financing is out of the picture for your business. 

Reach out to one of our financing specialists or visit this website for steps you can take.

Ready to Get Started?

Applying for a business line of credit is quick and easy with our online application.   You can get a decision in as little as 4 hours and an active line of credit in as little as 24 hours if approved!

Business Line of Credit FAQs

Filling out a Kapitus application can take as little as five minutes. Once your application is complete, you can expect one of our financing specialists to be in touch shortly.  If all paperwork is submitted and no additional documentation is needed, you can be approved in as little as four hours and have an active line in as little as twenty-four hours if approved.

Your Business Line of Credit is built to handle any needs that may come up during your operations. A line of credit provides your business with a financial cushion to help guard your working capital and keep operations running smoothly.

Secured business lines of credit typically require collateral, while unsecured lines do not.

Opting for an unsecured line offers more flexibility but will result in higher interest rates due to the increased risk for the lender.

With a Business Line of Credit through the Kapitus financing network, you only repay the amount used. If that amount is fully repaid before the end of the payment period, no interest will be charged for that portion. It’s a flexible and cost-effective solution for your business needs.

In most cases, yes.

Credit increases are decided on an individual level and decisions are based on creditworthiness and payback history.

Not at all! Kapitus and our financing network offer several financing solutions specifically built to aid the growth of today’s small business owners.

KapitusPLUS is a curated financing process that allows you to compare up to six financing options from multiple financing companies.

It’s the ultimate way to compare multiple financing choices at once. Our financing specialists will guide you through the process to make sure that you find the option that best suits your business needs.

Yes. Having a line of credit and paying its balance consistently and reliably is the best way to maintain good credit standings and improve your business credit.

Most of our financing products require your business to have 2 years of operational history.

Having financing through another lender will not disqualify you from getting financing with Kapitus. In fact, demonstrating successful management of your existing financing may help our specialists better determine the best terms for your business.

Yes! If you are an existing Kapitus customer and you are interested in expanding your financing portfolio, we are more than happy to look at your options together.

Explore Other Financing Options

Business Loans

Keep your business running smoothly and ready for anything with funding for both short- and long-term needs. Business loan offers come through Kapitus and/or members of our financing network.

Revenue-Based Financing

A fixed-cost, flexible financing solution that provides quick access to cash to address emergencies or take advantage of opportunities. RBF offers come through Kapitus and/or members of our financing network.

Equipment Financing

Get access to the equipment you need to run your business and remain competitive, without draining your cash reserves. Equipment financing offers come through members of our financing network.

Providing financing solutions for small businesses since 2006.