A business line of credit is revolving capital — you're approved for a maximum credit limit, but you only draw funds when you actually need them. You pay interest only on the amount drawn, not the full credit limit. As you repay, your available credit replenishes.
Direct Fast Funding's lines of credit deliver the speed of fast funding with the flexibility of revolving credit — apply once, draw as needed for years.
How a Line of Credit Works
Once approved, you have ongoing access to draw capital up to your limit. Each draw is repaid through small daily or weekly automatic payments. As you repay drawn funds, available credit replenishes for future draws.
When a Line of Credit Beats a Term Loan
- Variable cash flow needs — don't know exactly when or how much
- Seasonal businesses — capital needs spike then drop
- Multiple smaller needs over time
- Emergency reserve — capital available without paying for it until needed
- Building business credit
Qualifications
- Time in business: minimum 12 months
- Monthly revenue: minimum $15,000
- Credit score: 580+ minimum
- Active business bank account
