Business Line of Credit

Line of Credit Highlights

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Credit Limit Range

$10,000 - $250,000

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Repayment Terms

6 to 24 mo/per draw

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Interest Charges

Only on funds used

Common Use Cases

A business line of credit is one of the most flexible tools available to small business owners. Whether you’re navigating seasonal revenue changes, managing cash flow, or preparing for the unexpected, a credit line gives you access to funds exactly when you need them - without committing to a lump-sum loan.

Smooth Out Cash Flow - Maintain stable operations when receivables are delayed or seasonal dips occur.
Stock Up on Inventory - Prepare for busy seasons or bulk-purchase discounted materials without straining cash reserves.
Cover Payroll & Operating Costs - Bridge short-term gaps to ensure your team and vendors are paid on time.
Jump on Growth Opportunities - Act fast on marketing campaigns, new contracts, or equipment upgrades.
Handle Unexpected Expenses - Be ready for emergencies like repairs, system outages, or urgent vendor payments.

How Can a Line of Credit Help? - AmeriFirst Finance

How Can a Line of Credit Help My Business?

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Revolving Access

Borrow, repay, and reuse funds as needed without reapplying every time.

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Pay Interest Only on What You Use

No interest charges while funds sit unused - draw what you need, when you need it.

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Supports Business Growth

Expand, advertise, or upgrade equipment with access to capital on standby.

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Fast Response to Change

React quickly to unexpected expenses or opportunities - no waiting for loan approvals.

Pros & Cons of a Business Line of Credit

Pros

✔ Reusable credit access for ongoing needs
✔ Interest charged only when funds are used
✔ Faster and more flexible than term loans
✔ Helps smooth out cash flow unpredictability

Cons

✘ Typically higher rates than long-term loans
✘ May require weekly or daily repayment schedules
✘ Risk of overuse if not managed carefully
✘ Not suited for large, long-term investments

Final Thoughts

If you're looking for a financing option that adapts to your business - not the other way around - a line of credit may be the smartest tool in your toolkit. It gives you access to capital when you need it, without locking you into large lump-sum loans. Use it wisely, and it can become your go-to safety net and growth booster in one.

Business Line Of Credit - FAQs

It’s a revolving credit account that allows you to borrow up to a set limit, pay it back, and reuse it as needed. You only pay interest on the amount you actually use.

A loan gives you a lump sum up front with fixed payments. A line of credit gives you ongoing access to funds — borrow and repay as needed, similar to a credit card but with business-focused terms.

Once approved, you can typically draw funds within 1–3 business days. The credit line remains available, so you don’t need to reapply for each use.

No. You can use as little or as much as you need, when you need it. Many businesses keep their credit line unused until a specific opportunity or expense arises.

Startups may qualify if they’ve been operating for at least 6 months and show steady revenue. A credit line can help new businesses manage early-stage cash flow and build a strong funding track record.

Why businesses choose AmeriFirst Financing

Real business owners on speed, service, and outcomes with AmeriFirst - straight from our customers.

“We applied for a line of credit and had multiple offers within hours. The rep helped us compare terms and select the one that made the most sense for our cash flow needs. We've already used it twice and it's been seamless.”