Take control of your working capital

Business line of credit with credit limits of up to $250,000. Pay for what you use. No pre-payment penalties.

Fill out the form below to begin your application.

Applying is free and will not affect your credit score. By applying you agree to our Terms of Service and Privacy Policy.

Thank you! We will reach out to you within a business day. Get to know us more here.
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It's risk free and doesn't affect your credit score

A flexible and revolving business line of credit

Take control of your working capital

Take control of your working capital

Purchase inventory and equipment

Purchase inventory and equipment

Expand your business, open new locations

Expand your business, open new locations

Getting a business loan in the form of a line of credit gives you control of your working capital so that you can control your working capital. Idea Financial’s small business line of credit is truly revolving, each payment replenishes the available draw amount, and every draw you make re-amortizes your outstanding balance over a long repayment term.

Rhino

The right business financing solution for your business

The Idea Financial Line of Credit is the most flexible way to fund your business. Your funds are available on demand straight from our online customer portal. You can withdraw funds at any time to avoid missing out on hiring new staff, renovating property, or simply just taking advantage of any growth opportunity that comes your way.

Pay for what you use from your credit limit

Replenish available credit after every payment

Get low payments with long repayment periods

Quick application, same-day approval

Apply now

1

Apply in minutes

Save time with our fast, cost-free application process.

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2

Get approved today

We'll offer the best working capital solution for your business.

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3

Fund your business

Withdraw the funds you need, when you need them.

To get a financing offer today, we'll need the following info in your application:

Basic details about your business such as time in business, entity type, address and revenue figures
Business owner information including contact info, date of birth, and SSN
A secure connection to your business bank account or bank statements for the most recent 6 months

Apply online or call us at:

1 (855) 577-1844
It's risk free and doesn't affect your credit score

How we compare against other lenders

No origination or annual fee

Doesn't affect your personal credit

Paperless application

Quick approval and funding

Build business credit

Dedicated business advisor

Idea Financial

Banks & SBA

Varies

Online lenders

Varies

Varies

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Credit cards

We fund businesses that have:

2 or more years in business

$15,000 or more in monthly revenue

650 or higher personal credit score

Not a sole proprietorship or non-profit entity

Apply online or call us at:

1 (855) 577-1844
It's risk free and doesn't affect your credit score

Our customers think we are excellent!

Frequently asked questions

We're a team of experienced business advisors and financial services professionals who understand the challenges of running a business. We came together to create funding solutions tailored to you that empower you and your business.

What information do you need from me to apply?

Idea Financial offers a quick and efficient paperless application process broken down into three steps.

  1. First we will ask for basic details about your business such as time in business, entity type and revenue figures
  2. Next we will ask for business owner information including ownership structure and SSN.
  3. Last, we will ask for a secure connection to your business bank account or for bank statements for the most recent 6 months.

You can start your risk-free application here. Applying does not affect your credit score.

We use advanced encryption to keep your information safe in accordance with our Privacy Policy.

What happens after I apply?

After we receive your application, we will review it to ensure that we have the necessary information, and will reach out to you if we don't. Once we have a complete application we will proceed with a credit review and will provide you with an offer within a business day. The offer will include the financing terms, the product types, and next steps to access your funds.

Will Idea Financial pull my personal credit report?

We will conduct a "soft pull" or "soft inquiry", which means that your credit score WILL NOT be affected.

What is a business line of credit?

A business line of credit is a flexible funding solution that allows business owners to withdraw funds up to a certain credit limit and pay interest only on the funds withdrawn. Every time you draw funds, your balance owed increases. Every time you make a payment, your balance owed decreases and you're able to withdraw more funds. With a line of credit you can draw and repay funds as you wish as long as the balance outstanding doesn't go over your credit limit.

What makes the Idea Financial Line of Credit special?

Our line of credit is a truly revolving, unsecured credit line with no annual fees and no repayment penalties. This means that you can withdraw funds and make payments as needed with interest accruing daily on any outstanding balance. Payments are due weekly, bi-weekly or monthly and are setup so that you repay the amount owed over long repayment terms, which makes your payment amount low. Every time you make a draw, your repayment period starts all over again, giving you the ability to see even lower payments.

How much money can I draw?

We have credit limits of up to $250,000. As a rule of thumb, you can draw funds up to your credit limit minus any outstanding balance. If your credit limit is $250,000, and your balance is zero (0), you can draw $250,000. You can draw as many times as you would like, as well, as long as you stay within your credit limit.

How do I draw funds?

You will be able to draw funds by logging into your Idea Financial account online and submitting a draw request. You can also call your Business Advisor.

What if I don't need funds right away?

Even if you don’t need financing today, securing your line of credit ensures that funds will be available to you when the need arises. Unlike a term loan that requires you to start paying on the full amount immediately, the Idea Financial Line of Credit enables you to draw funds as needed, only paying for the funds used.

Are there fees to keep my Idea Financial account?

No, there are no fees to keep your Idea Financial account open.

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Get to know why our bold idea is you

Not only do you get great business financing, you also get a dedicated business advisor to support you as you grow.