1. Apply and qualify
A provider reviews business information and determines whether to approve a facility and applicable terms.
A commercial line of credit is generally designed to provide businesses with revolving access to an approved credit limit, subject to provider terms.
A provider reviews business information and determines whether to approve a facility and applicable terms.
Once available, the business may draw funds up to available credit, subject to the agreement.
As balances are repaid, available credit may replenish under a revolving structure.