Our picks in detail
BvBest overallPartner
Bluevine · Business line of credit
4.6/5From 7.8% simple interest
Max amount$250K
Min credit625
Time in business12 mo
Funding speedAs fast as 24 hours
Bluevine is one of the quickest ways for an established business to open a revolving line it can draw on repeatedly. Approval is often same-day and funds can land in 24 hours. The trade-off is a one-year time-in-business floor and weekly payments on the shorter term.
Pros
- Decisions in minutes, funding in as little as 24 hours
- Revolving: draw, repay, and draw again without reapplying
- No origination, maintenance or prepayment fees
- Monthly payment option on the 12-month term
Cons
- Requires 12 months in business and $10,000 a month in revenue
- Not available in Nevada, North Dakota or South Dakota
- Weekly payments on the 6-month term
- Personal guarantee required
FbBest for newer businessesPartner
Fundbox · Business line of credit
4.6/54.66% to 8.99% fee
Max amount$150K
Min credit600
Time in business3 mo
Funding speedNext business day
Fundbox has one of the lowest barriers to entry of any legitimate lender: three months in business, $30,000 in annual revenue and a 600 credit score. That makes it a realistic first line of credit for a young company, as long as you treat it as short-term working capital and not cheap money.
Pros
- Accepts businesses as young as 3 months
- Low revenue requirement
- Next-day funding on draws
- No prepayment penalty; fees stop when you repay early
Cons
- Short 12- or 24-week repayment plans
- Weekly payments
- Fees are higher than bank rates when annualized
- Maximum line is modest at $150,000
HcBest for low revenue
Headway Capital · Business line of credit
4.4/540% to 80% APR
Max amount$100K
Min credit625
Time in business12 mo
Funding speedNext business day
Headway Capital is a straightforward revolving line for small, established businesses that do not clear the revenue bars at Bluevine or OnDeck. It is transparent about its structure and offers monthly payments, which many online lines do not. It is not cheap.
Pros
- $50,000 annual revenue is enough
- Monthly payment option
- True revolving line with no reapplication
- Clear fee structure
Cons
- 2% draw fee on every draw
- High effective APR
- Maximum of $100,000
- 12 months in business required
OdAlso consider: OnDeck term loan
OnDeck · Term loan
4.5/527.3% to 99.9% APR
Max amount$250K
Min credit625
Time in business12 mo
Funding speedSame day in many states
OnDeck is the reference point for fast online term loans. It funds quickly, reports to business credit bureaus, and rewards repeat borrowers with better terms. It is also expensive, so it suits short, high-return uses like inventory ahead of a busy season rather than long-term projects.
Pros
- Same-day funding available in many states
- Reports payments to business credit bureaus
- Loyalty benefits and lower rates for repeat borrowers
- Prepayment benefit on eligible loans
Cons
- High APRs compared with banks and SBA loans
- Daily or weekly repayment schedule
- Requires a business lien and personal guarantee
- Not available in Nevada, North Dakota or South Dakota
How we chose
Lines were scored on the cost of a typical 90-day draw, speed to first draw, draw fees, repayment options, the revenue and time-in-business floor, and whether the line truly revolves without reapplication.
Market note, November 2026. Online lines have become the default first credit product for small businesses. Expect more lenders to add monthly payment options and to underwrite from live bank data rather than tax returns.
Types to know
Revolving lines
Credit replenishes as you repay. Interest only on outstanding balance.
Non-revolving lines
A set amount you draw down over time; once repaid, it closes.
Secured lines
Backed by collateral or a deposit; lower rates and higher limits from banks.
How to get one
- Step 1
Open the line before the emergency
Approval depends on your numbers looking healthy. Apply during a strong quarter.
- Step 2
Size it to a month of expenses
Enough to cover a late receivable or a slow month, not so much that you are tempted to fund growth with it.
- Step 3
Compare the cost of a real draw
Model a $20,000 draw repaid over 12 weeks at each lender. Headline rates mislead; draw fees and weekly schedules decide the actual cost.
How to compare offers
Draw fees
Some lenders charge 1% to 2% per draw. Frequent small draws make those lines expensive.
Repayment term per draw
Each draw typically has its own 6-, 12- or 24-month schedule. Shorter terms mean larger payments.
Frequently asked questions
How is a line of credit different from a loan?
A loan is a lump sum with a fixed schedule. A line of credit is a limit you draw against as needed, paying interest only on the balance, and it replenishes as you repay.
What is the easiest business line of credit to get?
Fundbox, which accepts businesses with three months of history, a 600 credit score and $30,000 in annual revenue.
Does a business line of credit affect personal credit?
Most online lenders do a soft pull to prequalify and a hard pull on approval, and require a personal guarantee. Payment activity is usually reported to business bureaus rather than personal ones.