Business Line of Credit: How It Works & Best Options – NerdWallet

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We’ll start with a brief questionnaire to better understand the unique needs of your business.
Once we uncover your personalized matches, our team will consult you on the process moving forward.
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Kabbage – Line of credit
on Kabbage's website
on Kabbage's website
PNC Bank – Line of credit
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Fundbox – Line of credit
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OnDeck – Line of credit
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Bluevine – Line of credit
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Best for Business lines of credit with monthly payments
Max Amount
$250,000
Min. Credit Score
640
Best for Bank business lines of credit
Max Amount
$100,000
Min. Credit Score
720
Best for Business lines of credit for bad credit
Max Amount
$150,000
Min. Credit Score
600
Best for Unsecured business lines of credit
Max Amount
$100,000
Min. Credit Score
625
Best for Startup business lines of credit
Max Amount
$250,000
Min. Credit Score
625
Our pick for
Business lines of credit with monthly payments
Kabbage offers credit lines up to $250,000 that are repaid on a monthly basis.
on Kabbage's website
Pros
Cons
Qualifications:
Our pick for
Bank business lines of credit
PNC offers lines of credit of up to $100,000 that are well-suited for established businesses with strong credit. The PNC business line of credit can be funded as quickly as the same business day.
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Depending on your creditworthiness and your business's financials
Pros
Cons
Qualifications:
Our pick for
Business lines of credit for bad credit
Fundbox offers quick funding of up to $150,000 for business owners with credit scores of 600 or higher.
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Depending on your creditworthiness and your business's financials
Pros
Cons
Qualifications:
Our pick for
Unsecured business lines of credit
OnDeck offers business lines of credit of up to $100,000 and doesn’t require physical collateral. Borrowers are subject to UCC blanket liens, however, and will be required to sign a personal guarantee.
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Based on loans originated in the half-year ending March 31, 2022
Pros
Cons
Qualifications:
Our pick for
Startup business lines of credit
Bluevine offers fast funding up to $250,000 for startups with six or more months in business.
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Depending on your creditworthiness and your business's financials
Pros
Cons
Qualifications:
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Randa Kriss is a small-business writer who joined NerdWallet in 2020. She previously worked as a writer at Fundera, covering a wide variety of small-business topics including banking and loan products. Her work has been featured by The Washington Post, The Associated Press and Nasdaq, among others. Randa earned a bachelor’s degree in English and Spanish at Iona College. Email: rkriss@nerdwallet.com.
Updated
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