Unsecured business line of credit
A revolving limit of $25K to $250K that sits ready until you need it. Draw what the moment requires, pay only on what you use, and the room refills as you repay. No real estate or equipment pledge, and no hard credit pull to apply.
We place lines through funding partners alongside advances and term loans, which means you see the product that actually fits your file instead of the only product someone sells.
What unsecured actually means
Unsecured means the line is not tied to specific collateral. Nobody appraises your building, and no equipment gets pledged. It does not mean no strings: most funders in this market file a UCC lien on the business and take a personal guarantee, the same as they do on advances and term loans. Plenty of pages selling lines of credit skip that sentence. We would rather you read it here than find it on page six of a contract.
The practical upside is real: qualification runs on your deposits and profile instead of on assets, approvals move in days instead of the weeks a bank line takes, and a business that rents its space and owns little hardware can still get a meaningful limit.
Line of credit, advance, or term loan?
The honest answer is that each one wins for a different shape of need. A line wins when expenses arrive unevenly and you want standby room. An advance wins when you need one number, fast. A term loan wins on bigger fixed projects with steady cash flow behind them.
| Line of credit | Cash advance | Term loan | |
|---|---|---|---|
| Structure | Revolving limit, draw as needed | One lump sum up front | One lump sum up front |
| You pay on | Only what you draw | The full fixed payback | The full amortizing balance |
| Typical size | $25K - $250K | $10K - $2M | $25K - $2M |
| Speed to money | 1 - 3 business days | Often 24 - 48 hours | 2 - 5 business days |
| Approval leans on | Deposits + credit profile | Deposits above all | Deposits + time in business |
| Best for | Uneven expense cycles | One-time need, fast | Bigger fixed projects |
Comparing against an advance offer you already hold? Run it through the repayment calculator first - total dollars side by side is the only comparison that matters.
What it takes to qualify
| Credit limit | $25,000 - $250,000 |
| Structure | Revolving - refills as you repay |
| Time in business | 6+ months, stronger at 1+ year |
| Monthly deposits | $10,000+ in business deposits |
| To apply | No hard credit pull. 4 months of statements + month to date |
Lines are more selective than advances. If your file does not fit a line yet, we tell you that plainly and show you what it does fit - and what would change the answer in three months.
Line of credit questions
What is an unsecured business line of credit?
A revolving limit you draw against as needed, paying interest or fees only on what you actually use. Unsecured means no specific collateral - no real estate or equipment pledge. Most funders still file a UCC lien and take a personal guarantee, which is standard across this market and worth understanding before you sign.
How is a line of credit different from a merchant cash advance?
An advance is one lump sum with a fixed payback that starts debiting immediately. A line sits open until you need it, and you pay only on drawn balances. The line usually costs less per dollar when you draw carefully, but limits run smaller and approval leans harder on credit and time in business.
What does it take to qualify?
Lines run more selective than advances. Six or more months in business and $10,000 a month in deposits gets you considered, but the stronger the statements and credit profile, the better the limit and pricing. Files that do not fit a line usually still fit an advance, and we place both.
Does the unused portion cost anything?
Depends on the funder. Some charge nothing until you draw, others charge a small maintenance or draw fee. We show the fee schedule with every line offer before you accept, so you know what an idle line costs you.
See your number, not a sales pitch
Two minutes, no hard credit pull, sized off your real deposits.
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