Business Line of Credit
Business Lines of Credit — Compare Rates, Limits & Lenders
Draw what you need, when you need it, and only pay interest on what you use — a revolving line is the flexible safety net for cash-flow gaps, inventory buys and last-minute opportunities.
- Pay interest only on what you draw
- Revolving — reuse as you repay
- Soft pre-qualification available
Revolving
Draw, repay and re-draw as you need
Soft pull
Pre-qualify with no score impact
1–2 days
To a decision on online revolving lines
$0
To compare — always free
Flexible Capital, Ready When You Are
A business line of credit gives you a pre-approved pool of funds you can draw from repeatedly. Unlike a term loan, you don't take the whole amount up front — you draw what you need, repay it, and the credit becomes available again. You only pay interest on the outstanding balance, which makes it the ideal tool for smoothing seasonal cash flow, covering payroll during a slow stretch, or jumping on a bulk-inventory deal.
Limits, rates and draw terms vary by lender and your business profile. We compare multiple lenders so you secure the limit and cost that actually fit how your business spends.
Pay for what you draw, not what you're approved for
A line of credit only earns its keep if the real cost is clear. Lenders quote a rate, then layer on draw fees, maintenance charges and minimum-draw rules that turn a flexible line into an expensive one. The number that matters is what it costs to keep the line open and what each draw really runs you.
We pre-qualify you with multiple lenders and surface every fee, so you carry a limit that fits how your business spends — and only pay interest on the balance you actually use.
Revolving by design
As you repay, the credit becomes available to draw again — no reapplying. The line sits ready for the next cash-flow gap, inventory buy or opportunity.
Interest only on what you use
You pay interest on the outstanding balance, not the full limit. An idle line costs little, so it works as a standby safety net for when timing gets tight.
Soft pull, no score hit
Pre-qualification uses soft credit pulls that don't touch your personal or business score. A hard pull only happens if you formally accept a specific line.
Line of credit vs term loan — which fits the need?
Two ways to borrow for two different jobs. We weigh both against how and when you actually need the money, so you don't overpay for the wrong structure.
Term Loan
A lump sum funded up front and repaid on a fixed schedule — built for a known, one-time investment.
- Full amount funded at once, repaid in set installments
- Predictable monthly payment over a fixed term
- Often lower rates and higher amounts for big projects
- Interest accrues on the whole balance from day one
Best for: A planned, one-time cost — equipment, a buildout or a single large purchase.
Line of Credit
A revolving pool you draw from on demand and reuse as you repay — built for recurring or unpredictable needs.
- Draw only what you need, when you need it
- Interest charged only on the outstanding balance
- Revolves — repay and the credit frees up again
- Sits ready as a standby for gaps and opportunities
Best for: Cash-flow gaps, seasonal swings and last-minute buys where timing is unpredictable.
Typical Line of Credit Rates & Limits
Sample structures from business lenders — submit a quote for a real limit and rate based on your revenue and credit.
LightStream
4.7
Personal Loan
Up to 84 months
- No fees, no prepayment penalty
- Same-day funding available
- Loans up to $100,000
SoFi
4.5
Personal Loan
Up to 60 months
- No origination fees
- Member discounts
- Unemployment protection
Marcus by GS
4.4
Fixed Rate Loan
Up to 72 months
- No fees ever
- Customize your payment date
- Skip a payment option
How To Compare Business Lines of Credit Using Comparison Junction?
- 1
Tell Us About Your Business
Revenue, time in business and how you'd use the line — enough for lenders to set a limit.
- 2
Soft Pre-Qualification
Lenders review your profile with soft pulls (no score impact) and return real limits and rates.
- 3
Compare The Real Cost
Rate, draw fees, repayment terms and limit — side by side, so you know the true cost of borrowing.
- 4
Draw When You Need It
Once approved, the line sits ready; draw and repay on demand, and only pay interest on the balance you carry.
Why Comparison Junction
Why compare business lines of credit with Comparison Junction
Line-of-credit pricing hides in draw fees and maintenance charges that rarely line up between lenders. We make the rate, the fees and the real cost of each draw clear — so the cheapest line is genuinely the right one.
Featured
Pay only for what you use
Interest hits the balance you draw, not the full limit. We surface the line whose all-in cost — rate plus any draw or maintenance fees — is genuinely the lowest.
Smart comparison preview
No hidden fees
Draw fees, maintenance charges, minimum-draw rules and prepayment terms are spelled out before you sign, so the flexible line stays flexible.
Fast, simple application
One profile gets you in front of several lenders. Online revolving lines can reach a decision within a business day or two once you pre-qualify.
Independent guidance
A real advisor helps you read the offers and pick the right limit and structure — no pressure to take the largest line or the quickest cash.
Licensed lenders only
We compare lines from vetted, licensed business lenders — not anonymous brokers or predatory cash-advance shops dressed up as credit.
A limit that fits your flow
We size the line to your revenue and how your cash moves, so it covers real gaps without tempting you into debt your cash flow can't carry.
Here's what our customers have to say
“Michael went above and beyond to answer all my questions and helped make the process very easy.”
Michael Tennant
“Daniel was knowledgeable, patient, and helped reduce my electric bill stress completely.”
Lisa M
“Jack walked me through the process and helped me find one of the best rates available.”
Sylvia Nambassa
“Stewart explained everything clearly and showed me how I could save money on future bills.”
Carleton
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