Business Line of Credit
At Shore Funding, a business is approved for a maximum amount of revolving credit.
Get recurring access to cash flow with a line of credit.
You'll only pay fees on what you borrow.
Have instant access to your funds.
What is a Business Line of Credit
Being a small business owner means being able to adapt to change at the drop of a hat. Business Lines of Credit are the most flexible financing options for businesses today. They allow business owners to stay in front of the competition by always having cash at their disposal.
It can draw down any amount at any time, as long as it does not surpass the maximum approved amount.
Shore Funding Solutions has no restrictions on when and how you use your money.
Funding that you can instantly draw from 24/7.
True lines of credit up to $300,000
Flexible 1 to 3 year terms
Competitive rates & terms
Customizable payment options
What do I need to qualify?
1 Year+
in business
540+
credit score
$150K
in annual revenue
Getting Funding Is Easier Than You’d Expect
Step 1. Apply in minutes
Minimum documentation is required and applying won’t affect your credit score.
Step 2. Review offers
A dedicated representative will help you select the best offer for you.
Step 3. Get funds
Once approved, lines of credit can be funded instantly. Term loans funds in as little as 24 hours.
Business Line of Credit FAQ
How does a business line of credit differ from a business loan?
A business line of credit is more flexible. With a business loan, you receive a lump sum amount and repay it with fixed payments over time. A business line of credit allows you to draw and repay funds repeatedly up to your credit limit, making it more flexible for managing cash flow and unexpected expenses.
What happens if I don't use the entire credit limit?
You only pay interest on the amount you’ve borrowed, not the total credit limit. If you don’t use the full limit, there’s no cost associated with the unused portion.