Business Line of Credit
Working capital you can use again.
Access a revolving business line of credit from $10,000 to $350,000 for cash-flow gaps, inventory and operating needs. Borrow within your approved limit instead of taking a full lump sum.
- Credit limits up to $350K Access capital as your business needs it.
- Monthly rates starting at 1.06%* Interest applies to the funds you use.
- Funding in days Move forward without a lengthy bank process.
*Starting rate is monthly, not APR. Credit limits, rates and funding timelines are subject to eligibility, verification and underwriting. Additional fees may apply.
Access Capital. Repay. Keep Moving.
A revolving credit line designed to support your changing business needs.
Use Your Approved Credit
Draw the amount you need, when you need it, within your available credit limit.
Repay What You Borrow
Make scheduled payments on the funds you use, according to your financing agreement.
Draw Again As Credit Opens Up
As you repay principal, available credit is replenished for future draws, subject to your agreement.
— Know before you apply
Does your business fit this program?
This line is designed for established U.S. businesses with consistent deposits and enough cash flow to support repayment. Meeting the benchmarks is a starting point, not an approval.
Core requirements
- Operating history: At least 3 years
- Personal credit: Estimated FICO of 650 or higher
- Revenue: At least $15,000 per month on average
- Average bank balance: At least $5,000
- Bank activity: At least 8 deposits per month
- Ownership: Applicants collectively hold at least 50%
Additional eligibility checks
Eligible corporations, LLCs and other accepted entities may apply. Sole proprietorships and nonprofits are excluded from this program.
No bankruptcy or foreclosure within the last 3 years. Existing financing, bank activity and the requested amount are also reviewed.
Not currently available in Vermont, North Dakota or South Dakota. Other restrictions may apply.
Have 3 recent business bank statements ready for the full application.
Check your industry before applying
Preferred industries include healthcare, pharmacies, veterinary practices, retail and grocery, manufacturing, wholesale, landscaping, law firms, restaurants and breweries. Construction businesses generally need 7+ years of operating history.
Common restrictions include farming, mining, cannabis, real estate, used vehicle sales, gun stores, travel agencies, banking and investments, transportation, new-home construction and residential remodeling. This is not a complete list; GoKapital must confirm eligibility.
— How your credit works
One approved line. Multiple cash-flow cycles.
Principal repayments generally restore available credit. Interest and fees do not replenish the line, and future draws remain subject to your agreement and continued eligibility.
Draw for a need
Request a qualifying draw from your available limit. The minimum draw is $10,000.
Repay the balance
Follow the approved payment schedule. A qualifying draw may carry a 12–36 month repayment term.
Use credit again
As principal is repaid, restored availability can support your next eligible business expense.
A simple example
With a $100,000 approved limit, a $30,000 draw leaves $70,000 available. Repaying $10,000 of principal can restore availability to $80,000, assuming no other draws or changes to your line.
Illustration only. This example excludes interest and fees and does not represent an offer.
— Understand the cost
Look beyond the limit. Review the full offer.
A credit limit tells you how much may be available. The draw fee, interest and repayment schedule tell you what using it will mean for your cash flow.
Draw fee
The published potential draw fee is 1.99%–2.99%. Confirm the fee for each draw and whether it reduces the cash deposited.
Interest
Interest generally accrues daily on the outstanding balance. Your offer sets the rate, calculation and payment schedule.
Other fees
The published program has no origination or maintenance fee and no early-payoff penalty. Confirm these terms in your agreement.
Before accepting, ask for these numbers
Your approved limit, net funds received, all fees, interest rate, repayment term, payment amount and frequency, and the total repayment for the proposed draw. Also confirm any guarantee, lien, renewal or draw conditions.
A quoted monthly rate is not an APR. Compare complete borrowing costs rather than multiplying a monthly rate and treating it as an APR.
Existing obligations may require payoff. This program does not permit stacking additional financing after funding.
— Choose capital with a purpose
Finance the timing gap. Plan the repayment.
A revolving line is most useful when a specific operating need has a clear repayment source. Consider the expected cash inflow before drawing.
Inventory
Purchase stock ahead of demand. Match the draw to expected sales and supplier terms.
Receivables
Cover operating costs while waiting for customer payments. Account for collection delays.
Payroll timing
Bridge a temporary mismatch between payroll and incoming revenue.
Operating needs
Handle a repair or a defined growth expense without drawing the full credit limit.
Line of credit or a term loan?
| Decision | Business line of credit | Business term loan |
|---|---|---|
| Funding need | Recurring or changing expenses | A defined, one-time expense |
| Access | Qualifying draws within an available limit | A lump sum at funding |
| Reuse | Principal repayments may restore availability | Additional funding generally requires a new request |
If your business needs sustained funding to cover recurring losses, discuss affordability and other options with GoKapital before taking on another obligation.
— Your next step
Check the basics before applying.
Answer four questions to compare your business with the initial program benchmarks. No contact information or documents are needed for this check.
This check runs in your browser. It does not send a request to GoKapital or create a credit decision. Your full application is submitted through the secure application linked below.
Prefer to discuss your situation?
Call 866-257-2973
Monday–Friday, 9 AM–6 PM ET.
— From application to decision
Apply with the facts. Decide with the terms.
Complete your application
Use the secure application to provide business, ownership and financing information. Disclose existing obligations and explain how you plan to use the funds.
Verify your business
Provide 3 recent business bank statements or a supported bank connection. Additional information may be requested during underwriting.
Review and decide
Review the credit limit, net funds, costs, payments and conditions. Accept an offer only after confirming that repayment fits your cash flow.
Complete files may receive a same-day decision and funding as soon as the next business day. Timing depends on verification, underwriting and closing; it is not guaranteed.
— Questions that matter
A clearer decision starts here.
Does the fit check affect my credit score?
The local check above does not access a credit bureau or submit your information. Before the full application, ask GoKapital which credit checks apply and whether a hard inquiry will be required.
Can I apply if I already have business financing?
Disclose all current balances and payment obligations. Existing financing is reviewed for affordability, and a payoff may be required. Additional financing after funding is restricted under this program.
What if my industry is restricted or my business is too new?
This specific line may not be suitable. GoKapital can review other business financing programs, each with its own requirements. An alternative is not guaranteed.
Is the line unsecured?
Confirm collateral, lien and personal-guarantee requirements in your actual offer. Do not assume that the absence of a listed collateral requirement means there is no guarantee or lien.
Will I automatically receive the maximum credit limit?
No. Your available limit and draw terms are determined through underwriting. Revenue, credit, bank activity, industry and existing obligations all affect the review.
Have a working-capital need in mind?
Check your program fit, then complete the secure application when you are ready to provide your business information.
Financing is subject to application, verification, underwriting, approval and final agreements. Limits, costs, terms and availability may vary. GoKapital may broker or arrange financing through third-party funding sources.