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Business Line of Credit

Access flexible working capital with a business line of credit

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Excell Advance Business Lines of Credit

Revolving

credit line worth $6K-$200K

Flexible

12, 18 or 24 months repayment terms

Customizable

monthly or weekly payments

What is a business line of credit?

A business line of credit is a flexible financing option that lets you access funds from a set credit limit whenever you need them. Funds are typically deposited directly into your business checking account. You can draw only what you need, when you need it — and you generally pay interest only on the amount you use. Similar to a business credit card, as you repay what you borrow, your available credit is replenished.

Because of this flexibility, a business line of credit can be a practical solution for managing cash flow and covering ongoing expenses. It can also serve as a financial safety net, giving you access to working capital for unexpected costs or time-sensitive opportunities.

Running a business requires steady access to capital, and an Excell Advance business line of credit provides ongoing access to funds designed to support your day-to-day operations and growth.

Benefits of an Excel Advance Line of Credit.

Access funds as needed and borrow only what your business requires. You are charged interest only on the amount you draw.
0 Pay only for what you borrow
Use your line of credit for your business needs. Term loans are available once approved.
0 Easy Funding
On-time payments are reported to business credit bureaus, helping you establish and strengthen your business credit history.
Build Business Credit History
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Understanding business lines of credit

Unlike a traditional business loan that provides a one-time lump sum, a business line of credit allows you to borrow funds up to a set credit limit, giving you the flexibility to draw only what you need. As you repay your outstanding balance, your available credit is replenished, allowing you to continue borrowing without having to reapply. Whether you are managing cash flow or investing in long-term business goals, a revolving line of credit offers a flexible way to access working capital.
An Excell Advance business line of credit provides qualified businesses with credit limits up to $200,000. You can draw from your available credit and receive funds according to your account terms. Withdraw what you need, as approved — and pay interest only on the amount you use. On-time payments may also help build your business credit history.

Funding that moves at your pace

Apply Online

Complete the short application in just a few minutes.

Get expert guidance

Work with a loan advisor to find the funding that fits your goals.

Receive your funds

Sign your agreement digitally proceed with the funding process.

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Check if you qualify:

minimum requirements

  • 1 year in business
  • $100K annual revenue
  • Business checking account
  • 625 personal FICO® score

Business Line of Credit FAQs

What’s the difference between a business line of credit and a business term loan?

A business line of credit allows you to borrow funds up to a set credit limit and draw from it as needed. As you repay what you borrow, the available credit replenishes. A business term loan provides a one-time lump sum that is repaid over a fixed period with scheduled payments. Lines of credit are often used for ongoing or short-term needs, while term loans are typically better suited for larger, one-time expenses.

A secured business line of credit may require collateral or a general business lien, while an unsecured line of credit does not require specific assets as collateral. Secured options may offer higher credit limits or different terms, while unsecured options focus more on factors like creditworthiness and business performance.

The best line of credit depends on your business needs, financial profile, and how you plan to use the funds. Many small businesses prefer lines of credit that offer fast access to funds, flexible repayment options, and transparent terms. Reviewing credit limits, funding speed, and qualification requirements can help you determine the best fit.

A business line of credit provides flexible access to working capital, allowing you to borrow only what you need and pay interest only on the amount used. It can help manage cash flow, cover unexpected expenses, and take advantage of time-sensitive opportunities without reapplying for funding each time.

With Excell Advance, qualified businesses may be approved for a line of credit with limits up to $200,000. Approved amounts depend on factors such as credit profile, revenue, and time in business.

Repayment terms vary based on your agreement, but repayments are typically made on a scheduled basis as you use your line of credit. As you repay your outstanding balance, your available credit increases, allowing you to continue borrowing as needed.

Credit limit increases may be available over time based on factors such as payment history, account usage, and overall business performance. Maintaining on-time payments and responsible use of your line of credit may help improve eligibility for higher limits.

The cost of a business line of credit depends on factors such as the amount borrowed, repayment terms, and your business profile. You typically pay interest only on the funds you draw, rather than the full approved credit limit. Reviewing your offer details can help you understand total costs.

Most lenders review credit as part of the application process. Excell Advance uses a soft pull of personal credit to determine eligibility, which does not impact your credit score.

On-time payments on your Excell Advance business line of credit may be reported to business credit bureaus. Responsible use and consistent repayment can help establish and strengthen your business credit history over time.

Depending on your business needs and eligibility, you may also qualify for other financing options such as business term loans. Combining financing products can help address both short-term and long-term funding needs.

Excell Advance uses a soft pull of personal credit reports to evaluate eligibility. This does not affect your personal credit score.

Business owners like you love Excel Advance

“Running an auto shop means unexpected expenses can come up at any time. Excell Advance helped us secure a line of credit that fits how our business operates. It has given us the ability to manage parts inventory and larger repair jobs without disrupting our cash flow.”
Robert L.
Auto Repair Shop Owner
“When we decided to open a second location, we needed financing that made sense for our long-term plans. Excell Advance provided clear options and realistic terms. The process felt organized and professional from beginning to end.”
Stephanie K.
Boutique Fitness Studio Owner
“I appreciate how straightforward everything was with Excell Advance. The terms were clearly outlined, and I understood exactly what we were agreeing to. That level of clarity matters when you are making financial decisions for your company.”
Marcus D.
IT Services Provider
“Seasonal demand plays a big role in our revenue. Having access to additional capital through Excell Advance has allowed us to prepare inventory in advance and operate with greater confidence throughout the year.”
Elena V.
E-commerce Business Owner