Business Line of Credit

When your business needs flexible access to funds, a Business Line of Credit is one of the most effective solutions available. Unlike a traditional term loan, a line of credit gives you continuous access to capital that can be used for any business need — from covering short-term expenses to seizing new growth opportunities.

What Is a Business Line of Credit?

A Business Line of Credit functions much like a credit card — you’re approved for a set borrowing limit and can draw funds as needed. You only pay interest on what you use, and once you repay, your available credit is replenished.
This revolving access to funds allows your business to manage cash flow, handle emergencies, and capitalize on opportunities quickly.

Rates: Starting at 8%
Funding Amount: $1K – $250K
Terms: Up to 18 Months
Speed: 1 – 3 Business Days

How It Works

Once approved, you can draw funds from your credit line at any time. Minimum payments are made weekly or monthly based on your balance, and you can repay early to save on interest.
In most cases, collateral isn’t required unless you’re applying for a large credit limit. Strava Capital Group offers fast approvals and simple renewals, so your access to funding is always within reach.

Key Benefits

• Only pay for what you use – interest applies only to drawn funds.
   
• Flexible access – draw and repay anytime without reapplying.
   
• Fast approvals – most lines approved within 1–3 business days.
   
• Larger limits than credit cards – without penalty for high utilization.
   
• Use funds for anything – inventory, operations, marketing, or expansion.
   

Who Qualifies

Businesses meeting the following basic criteria are typically eligible:

• Annual Revenue: $75K+
   
• Credit Score: 550+
   
• Time in Business: 6+ Months
   

How to Apply

1. Review Your Needs – Determine how much funding your business will benefit from.
    
2. Prepare Your Documents –
    
   • Valid driver’s license
      
   • Voided business check
      
   • Last 4 months of bank statements
      
   • Last 4 months of credit card statements
      

1. Apply Online – Submit a quick application with basic business info.
    
2. Consult With a Representative – Review your offers, rates, and repayment options.
    
3. Receive Approval – Most applicants are approved within 24 hours, and funds can be deposited in as little as 1–2 business days.