Commercial credit guide

How a Commercial Line of Credit Works

A commercial line of credit is generally designed to provide businesses with revolving access to an approved credit limit, subject to provider terms.

1. Apply and qualify

A provider reviews business information and determines whether to approve a facility and applicable terms.

2. Draw what you need

Once available, the business may draw funds up to available credit, subject to the agreement.

3. Repay and reuse

As balances are repaid, available credit may replenish under a revolving structure.