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How a Small Business Line of Credit Works

A revolving line of credit is a tool to help protect your business cash flow and provide access to short-term funding for things such as: supplies, inventory, payroll, seasonal needs, and special projects.

It is a revolving line of credit for the first 3 years, where you can repeatedly draw on available funds and pay them down. You will pay interest on the amount borrowed, with interest-only payments due monthly. This is followed by a 4-year repayment period with fixed monthly payments.

How Do I Qualify?

  • 2+ Years in Business
  • $100,000+ in Annual Sales
  • Good Personal Credit

What Is Needed To Apply?

  • Application
  • Balance Sheet
  • Profit & Loss Statement

If you would like the convenience of paying for your business purchases with a simple swipe, while also earning points, the Service CU Visa (R) Business platinum card may be right for you. Our business credit card has no annual fees and no hidden APR increases for late payment. Learn more here. 

Ready to apply for a line of credit? Call us at 800.296.4644, email us at or complete the form below.