Apply for a business line of credit

Borrow from $10,000 to $250,000

Lending rates as low as 5.5%*

Instant application & decision

Invited by a friend? Enter your friend’s referral code.
Applying is free and will not affect your credit score
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Contact info
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Financials

Age of your business

Entity type

Find it in your business registration or tax documents.

Sales estimate and EIN/Tax ID

The EIN can be found on your business tax returns, IRS notices, bank statements or online.

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Business address

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Additional contact info

We use this information to verify your identity, and use advanced encryption to keep it safe. Applying doesn't affect your credit score.

Date of birth

Estimated credit score

Home address

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What's your stake in the business?

Add other owners if applicable.

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Add a second owner

We use this information to verify your identity, and use advanced encryption to keep it safe. Learn more here. Applying doesn't affect your credit score.

Date of birth

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Add a third owner

We use this information to verify your identity, and use advanced encryption to keep it safe. Learn more here. Applying doesn't affect your credit score.

Date of birth

Estimated credit score

Home address

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Add a fourth owner

We use this information to verify your identity, and use advanced encryption to keep it safe. Learn more here. Applying doesn't affect your credit score.

Date of birth

Estimated credit score

Home address

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Upload bank statements

Search for or select one of the options shown after clicking on Link Your Bank, then follow the prompts. Linking your bank speeds up the application review, so we'll be able to give you funding options faster.

Speed up the application review: upload PDF copies of the last 3 months of your business's bank statements.

When ready, submit your full application below.

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We're uploading your files, this will take a few seconds...

Almost there! We appreciate your patience.

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Thank you!

We will be in touch soon. You are one step closer to getting a great loan for your business. Give yourself a pat on the back! After that, check out some website resources below.

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We look forward to working with you and helping you Charge Your Business Forward™.

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Thank you!

You did it! Well, kinda. We are still missing bank statements, but we will give you call to get that sorted out. You can also email us your business's bank statements for the past 6 months below. Talk soon!

We look forward to working with you and helping you Charge Your Business Forward™.

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Apply for a business line of credit

Borrow from $10,000 to $250,000

Lending rates as low as 5.5%*

Instant application & decision

*Example interest rate calculated from total repayments over 26 weeks. We are a direct lender, not a broker. Applying is free and will not affect your credit score.
Chrystina Morteo used her line of credit to open a new location.
Dr. Thy Nguyen uses his funds to invest in marketing campaigns.
Mike Marquez used his line to purchase safety equipment.

Business financing made simple

Our revolving line of credit is the most flexible way to fund your business. Your funds are available on demand from our online customer portal, meaning you can withdraw funds at any time.

Pay for what you use from your credit limit

Replenish available credit after every payment

Get low payments with repayment terms of up to 36 months

Borrow up to $275,000

Why borrow with Idea Financial?

Borrow from $10,000 to $250,000

Rates from 5.5%* subject to UW process

Quick and simple application process

Business financing made simple

Our revolving line of credit is the most flexible way to fund your business. Your funds are available on demand from our online customer portal, meaning you can withdraw funds at any time.

Pay for what you use from your credit limit

Replenish available credit after every payment

Get low payments with repayment terms of up to 36 months

Borrow up to $275,000

Minimum requirements

3 Years

Minimum Time in Business

650

Personal Credit Score

$15k

Business Monthly Revenue

Business

Not a Sole Proprietorship or Non-Profit Entity

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

Quick application, same-day approval

Apply now

Apply in minutes

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

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Get approved today

We offer the best working capital solution for your business.

Fund your business icon

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) 900 7838
Applying is free and will not affect your credit score

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

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

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Varies

Credit cards

How do I apply for business financing?

Apply now

Start your application

Our 3 step application form takes less than 1 minute to complete.

Get approved icon

Get approved today

Subject to status, you will receive a same day decision.

Fund your business icon

Receive your credit

Funds should be accessible within 24 hours.

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) 900 7838
Applying is free and will not affect your credit score

What is a line of credit?

A business line of credit is a form of revolving financing that allows you to withdraw funds up to an agreed-upon credit limit and only pay interest on the amount drawn. It is revolving because you are able to withdraw funds, pay back a portion or all of those funds, and borrow more funds up to your credit limit.

Funds are available on-demand and take as little as a few minutes to reach your bank account.

For example, a line of credit for $100,000 could be extended to your company. You could take the full $100,000, or only take $5,000. You would then only be charged interest on the amount you took, so you could use your line of credit like a credit card.

Do I qualify for a line of credit?

There are 4 basic rules that we use to check if someone is eligible for a revolving line of credit from Idea financial. These help us understand your business as well as ensure you have the funds available to make repayments.

  • Your business must have been in operation for at least 2 years. This allows us to understand your ability to repay anything you borrow and also shows that your company is able to sustain itself.

  • You must generate at least $15,000 in monthly revenue. This ensures that you have the cash flow to make repayments and also shows that your business is financially large enough to qualify for a line of credit.

  • You must have a 650 or higher personal credit score. This indicates that you have made smart financial decisions in the past, which lowers your statistical risk of defaulting.

  • You must not be a sole proprietorship or non-profit entity. This ensures that your business is large enough to qualify for a line of credit and not bound by not-for- profit restrictions.

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Talk to Us – We're Here to Support You!

Our dedicated team of business advisors wants to see your business grow with the right financing options.

Business advisor

Rafael

Business advisor

Julian

Business advisor

Milo

Business advisor

Kyle

Grow your business with dedicated business advisors

Call us at

1 (855) 900 7838

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Credit application terms

You agree that Idea 247, Inc. (“Idea Financial”) or its representatives or agents may call, text, or email you at the number and/or email provided above. You may opt out of receiving communications of your choice from Idea Financial as provided in the Privacy Policy. By clicking Get Started you agree to our Terms of Service and Privacy Policy.

By submitting your Credit Application (the “Application”) to Idea 247, Inc. (“Idea Financial”), you represent to Idea Financial, its agents and assignees, and you acknowledge and agree that (i) if the Application is by a company, you are authorized to apply on behalf of the company whose full legal name appears above under the Business & Personal Information portion of the Application for credit from us, (ii) the loan requested by the Application will not be used for any illegal or prohibited purpose, (iii) all information you provide within the Application and other supporting documents is true, complete and correct as of the date of the Application and (iv) Idea Financial may continuously rely on the information contained in the Application and you will notify us of any material changes to such information.

You understand and agree that Idea Financial and its agents and assignees are authorized to contact third parties to make inquiries in evaluating the Application, including, but not limited to, consumer or personal, business and investigative reports, and other information about you, including credit card processor statements and bank statements, from one or more consumer reporting agencies, such as TransUnion, Experian and Equifax, and from other credit bureaus, banks, creditors, or other third parties.

You understand and agree that the information provided within the Application may be provided to third parties to use the information for any lawful purpose, including for the purpose of offering credit and/or other products and services to the signing individual(s) and/or the company.

You further understand and agree that Idea Financial may transmit the Application, along with any of the foregoing information obtained in connection with the Application, to any or all of Idea Financial’s agents and assignees, including prospective agents and assignees, for the forgoing purposes.

Your privacy and security are important

The data you provide to us is used to find the best financing solution for your business and it is stored according to our Privacy Policy. We use advanced encryption to ensure your information is secured.

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