The SBA loan experts
Secured Revolving Lines of Credit
Secured revolving business lines of credit
Business needs are unique. When you’re searching for flexible financing for larger expenditures, we offer the secured revolving line of credit. Easily access funds for a variety of business necessities, including buying equipment, funding special projects and maintaining an even cash flow.
A secured revolving line of credit works like a credit card. So you can borrow, repay and borrow again—without reapplying for the loan.
Business secured line of credit benefits
- Borrow amounts above $50,000
- Competitive pricing and structure
- Use funds for a variety of business needs
- Lower interest rate than most credit cards
- Use personal or real property as collateral¹
- Quick turnaround and closings
- In-branch loan origination
Apply for a business secured line of credit today
Give your business flexible access to cash for larger expenses. Contact a loan officer or visit your nearest branch.
Secured business lines of credit frequently asked questions
What is a revolving line of credit for business?
A revolving line of credit allows a business to have access to a fixed amount of capital to use toward different business necessities, such as purchasing equipment and inventory.
Is it difficult to get a business line of credit?
Getting approved for a business line of credit depends on the lender, type of credit line and your qualifications. It is best to prepare all the necessary information requested by the lender and work on improving your credit score to ensure the application goes smoothly.
What credit score do I need to get a business line of credit?
On average, the majority of lenders will require a minimum score of 500 to qualify.
How much of a line of credit should a business have?
To get a good idea of how much credit your business may need, multiply your daily cash need by the usage. It is also typical for the lender to give a credit line of up to 70-80% of the value of your current receivables.
