Only Pay For What You Use
Interest accrues on your drawn balance — never on the idle portion of your limit.
Revolving / Flexible
A revolving line
A revolving line
that’s always on standby.
Draw exactly what you need, when you need it — and pay interest only on the balance you actually use.
What It Is
Capital on demand.
A business line of credit is a pre-approved pool of capital you can tap whenever the moment calls for it. Unlike a term loan, you don’t take the full amount up front — you draw what you need and pay interest only on that balance.
As you repay, your available credit reloads automatically. No reapplying, no waiting. It’s the most flexible way to keep momentum through cash-flow gaps, surprise expenses, and short-window opportunities.
Best For
Is this your lane?
- Smoothing cash-flow gaps between receivables and payables
- Covering recurring or unpredictable expenses
- Managing seasonal swings without overcommitting
- Keeping dry powder ready for last-minute opportunities
- Bridging payroll or supplier payments mid-cycle
The Process
How line of credit works.
From application to funded in a few fast, transparent steps.
01
Apply Once
Submit a 5-minute application and a few months of bank statements. No hard credit pull to check your options.
02
Get Your Limit
We underwrite your real performance and set a credit limit — most decisions land within 24–48 hours.
03
Draw On Demand
Transfer any amount up to your limit straight to your bank account, as often as you need.
04
Repay & Reload
Pay down your balance and that credit becomes available again — no reapplying.
Rates & Terms
The spec sheet.
| Credit limit | $5,000 – $500,000 |
| Draw term | 6 – 24 months (revolving) |
| Interest | Charged only on your drawn balance |
| Speed to approval | 24 – 48 hours |
| Draw fee | Low per-draw fee; no charge when idle |
| Prepayment | No penalty — pay down anytime |
Your exact limit and rate are set by underwriting and shown in your signed agreement.
Eligibility / Requirements
Do you qualify?
Our baseline is simple. Most businesses that meet these benchmarks are a strong fit for line of credit:
- 6+ months in business
- $15,000+ in monthly revenue
- 500+ personal credit score
- An active business bank account
- Based in the United States
Checking your options is free and won’t affect your credit score.
Why Apex Velocity
Built for momentum.
Reusable Capital
Repay and your credit reloads. One approval funds you again and again.
Fast Access
Transfer funds the same day you draw, straight to your business account.
No Collateral Required
Most lines are unsecured — your business performance is the qualifier.
Stay Liquid
Keep cash reserves intact while still having capital on standby.
Build Business Credit
Responsible use and on-time repayment strengthen your credit profile.
Questions
Line of Credit FAQ.
A term loan gives you one lump sum you repay on a fixed schedule. A line of credit is revolving — you draw any amount up to your limit, pay interest only on what you use, and the credit reloads as you repay. It’s built for ongoing, flexible needs rather than a single purchase.
No. When your line sits idle, you pay no interest. You’re only charged on the balance you actually draw, plus any small per-draw fee disclosed in your agreement.
Most applicants receive a decision within 24–48 hours of submitting bank statements. Once your line is open, draws typically reach your account the same day.
No. Reviewing your eligibility uses a soft pull that does not impact your credit score. A hard inquiry only occurs if you accept an offer.
Related Funding
Other ways to fuel up.
Not quite the right fit? These products pair well with, or stand in for, line of credit.
Short-Term Loans
A fast, fixed lump sum with predictable payments over a short horizon.
Learn moreMerchant Cash Advance
An advance against future sales, repaid as a small slice of daily revenue.
Learn moreInvoice Factoring
Turn unpaid invoices into immediate working capital — no new debt.
Learn moreOpen your line. Keep your momentum.
Apply once, get a limit in 24–48 hours, and draw whenever opportunity calls.
Apply Now