Up to 18-month repayment terms in revolving credit
Pay for what you use
No pre-payment penalties
It's risk free and doesn't affect your credit score
Hire new staff, train personnel
Expand your business, open new locations
Invest in marketing & sales
The Idea Financial Line of Credit has become an important tool for many businesses nationwide.It provides fast and flexible financing for your business and helps you focus on growth. Whether you are purchasing equipment or inventory, or launching new marketing campaigns, Idea Financial helps you charge forward.
Choose your desired repayment term, payment frequency and loan amount to estimate your payment.
This calculator assumes a daily interest rate of 0.0658% and a draw fee of 2.00%. You may qualify for a credit limit of up to $250,000. Your actual interest rate, draw fee and credit limit may vary. Terms and conditions will be provided to applicants during the application process. All Idea Financial business credit lines are issued by Idea Financial.
Applying is easy and free. Get funded as fast as today. All payments belong to a single payment schedule, each payment replenishes the available credit and extends your repayment term.
Draw funds at any time
No origination fees or pre-payment penalties
Get low payments with long repayment periods
Save time with our fast, cost-free application process.
We'll offer the best working capital solution for your business.
Withdraw the funds you need, when you need them.
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
No origination or annual fee
Doesn't affect your personal credit
Quick approval and funding
Build business credit
Dedicated business advisor
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.
We’re a team of experienced business advisors and financial services professionals who came together with an idea: to create funding solutions that empower you and your business. We offer a business line of credit and a term loan. Stay tuned for more financing products.
We provide fast and flexible financing to businesses across the United States. Fill out our risk-free application, provide some basic information about your business and its owners, and we'll provide you with funding options. Reach out and meet our Business Advisors, they will be delighted to help you Charge Your Business Forward™.
Idea Financial can provide a decision in minutes if we have all the necessary information and you link your bank account. Funding can become available within a business day.
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.
For your convenience, we process payments automatically on a weekly, bi-weekly, or monthly basis. Should you wish to make a payment in addition to your weekly, bi-weekly, or monthly payment, you can do so logging into your Idea Financial account online and submitting a payment. You can also call your Business Advisor.
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.
Rates are determined after our credit review. We use cash flow information, personal credit scores, and other metrics to determine our rates.
No, there are no fees to keep your Idea Financial account open.
No. As long as your outstanding balance is zero (0), you can close your account at any time and at no cost.
Yes, we encourage our customers to take advantage of SBA loans.
Not only do you get great business financing, you also get a dedicated business advisor to support you as you grow.