Lines of credit for flexible, ongoing capital needs.
A business line of credit gives you revolving access to capital you can draw on, repay, and draw again. We help established businesses compare line-of-credit options through our partner network.
How business lines of credit work
Lines of credit are designed for recurring or unpredictable needs — covering payroll between large receivables, restocking inventory ahead of a season, or bridging a short-term gap. You only pay interest on what you actually draw.
Unlike a term loan, a line of credit does not lock you into a fixed payment for capital you may not need yet. That flexibility makes it a common first piece in a broader capital stack for established operators.
What business lines of credit are typically used for
Typical structure and terms
- Structure
- Revolving credit limit you draw against as needed Learn more about structure
- Repayment
- Pay down and re-draw within the limit Learn more about repayment
- Interest
- Charged only on the drawn balance
- Renewal
- Limits are typically reviewed annually
Considerations to weigh
- — Lines may require periodic financial reporting to maintain the facility.
- — Some structures charge an unused-line or maintenance fee.
- — Pricing and limits depend on revenue, credit profile, and time in business.
Grandview Capital Lending Inc is a business financing broker, not a direct lender. Funding is subject to approval and not all applicants will qualify. Terms, structures, and availability are determined by the funding partner.
Other funding options to compare
Term loans
Fixed-amount financing repaid over a set schedule. Often used for expansion, equipment, or consolidating higher-cost obligations.
View term loans detailsEquipment financing
Capital tied to the purchase of machinery, vehicles, or other equipment, with the asset itself typically serving as collateral.
View equipment financing detailsRevenue-based financing
Advances repaid as a percentage of receivables or sales. A fit for businesses with consistent monthly revenue and seasonal swings.
View revenue-based financing detailsTalk through business lines of credit with a specialist
No obligation. We'll review your situation and walk you through whether this structure is a fit — or which alternatives may serve you better.