Draw what you need, repay what you use — and draw again. A revolving line of credit gives your business the financial flexibility to manage cash flow, seize opportunities, and handle the unexpected without applying for a new loan every time.
Unlike a term loan, a line of credit doesn't disappear when you use it. Repay what you borrowed — and your credit replenishes for the next time.
Qualify for a credit limit up to $500K. Your limit is set — ready to use whenever your business needs it.
Pull capital whenever you need it — online, by request, or through your dedicated advisor. 24/7 access.
Cover payroll, inventory, a deal, an emergency — use the funds for any business need you have.
Repay what you drew. Your credit line refreshes and is ready again. No new application needed.
A business line of credit is a revolving credit facility — similar in structure to a credit card, but designed for the scale and needs of your business. You're approved for a maximum credit limit, and you can draw from that limit at any time. Interest accrues only on the outstanding balance, not the full limit.
This makes a line of credit ideal for businesses that face irregular cash flow, seasonal demand swings, or frequent short-term capital needs. Instead of applying for a new loan every time something comes up, your line of credit sits ready — available the moment you need it.
At Upstart Advance, we structure lines of credit to fit your business profile — from the credit limit to the draw and repayment terms. And as always, every detail is explained fully upfront before you commit to anything.
If your limit is $250K but you only draw $40K, you only pay interest on $40K — not the full amount. This makes lines of credit one of the most cost-efficient forms of business financing.
Unlike a term loan, your credit replenishes as you repay. There's no need to reapply every time you need capital. Approved once, available for ongoing use.
Draw funds 24/7 — no waiting for loan approval when an opportunity or emergency arises. Your capital is ready and waiting in your credit line.
Seasonal dips in revenue don't have to mean missed payments or scrambled operations. A line of credit gives you a buffer to keep things running smoothly through slow periods.
Business deals don't wait. When a time-sensitive opportunity arises — inventory at a discount, a competitor's client, a fast-closing deal — you can act immediately with your line.
Pay back on your schedule. Most business lines of credit allow flexible repayment — minimum payments or paying down the balance more aggressively when cash flow is strong.
Our streamlined process gets you from inquiry to approved credit line in a matter of days.
Complete a brief application with basic business details. No hard credit pull to get started.
We review your revenue, bank statements, and business profile — usually within 24 hours.
We present your approved credit limit and terms. Your advisor walks you through every detail.
Your line is active and ready. Draw funds whenever your business needs them — no reapplication.
A term loan gives you a lump sum upfront that you repay over a set period. A line of credit gives you a maximum amount you can draw from as needed — repeatedly. You only pay interest on what you draw. Term loans are better for one-time large purchases; lines of credit are better for ongoing or unpredictable capital needs.
Our business lines of credit go up to $500,000. Your approved limit is based on your business's revenue, time in operation, and overall financial health. Your Upstart Advance advisor will work to maximize the limit you qualify for.
No — you're only charged interest when you actually draw. If your line of credit sits unused, there are no interest charges. Some lines have small annual or monthly maintenance fees, which are always disclosed upfront before you commit.
Most business lines of credit can be approved within 24–72 hours of submitting a complete application and required documents. We work to move as fast as possible so your capital is available when you need it.
Talk to an advisor today and find out what credit limit your business qualifies for — no commitment, no hard credit pull.