Up to $250K in financing to digest a Kabbage loan

Up to 18-month repayment terms

Pay for what you use

No pre-payment penalties

Applying is free and will not affect your credit score
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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

Estimated credit score

Home address

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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 easily with online bank linking

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.

If your bank didn't show up or you prefer to upload bank statements manually, upload PDF copies of the last 3 months of your business's bank statements here.

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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Estimate your payback with our calculator

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.

Control your working capital with up to $250,000

Kabbage business loans have confusing terms and fees. Unlike the Kabbage line of credit, the Idea Financial Line of Credit is truly revolving. 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. No matter how many times you draw, you get one single payment schedule.

Every draw you make restarts your repayment period

No origination fees or pre-payment penalties

Pay early and save on interest

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

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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) 937-2596
It's risk free and doesn't 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

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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.

Who is Idea Financial?

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.

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 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.

How can I make payments to my Idea Financial Line of Credit?

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.

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 is interest calculated?

Interest is calculated daily on the amount owed (i.e. the outstanding balance on your Idea Financial Line of Credit account). We apply the daily interest rate to the outstanding principal to arrive at the daily accrued interest. If there is any accrued interest, when you make a payment we apply the payment amount to the accrued interest first, then to any outstanding balance. The more payments you make, the lower your balance would be and the lower your interest cost would be as well.

Once I open an Idea Financial Line of Credit account, am I obligated to start using the line right away?

No. You have 30 days from the account opening date to use your line of credit. If you do not make a draw within the first 30 days, the account will be closed. If you make a draw within the first 30 days, your line will remain open so that you can draw again.

Can I build business credit with Idea Financial?

Yes. Idea Financial reports to the main credit bureaus. By financing your business and making your regular payments you will build a strong business credit history.

How does Idea Financial work?

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™.

Is there a cost to apply for financing from Idea Financial?

There is no cost to apply for financing from Idea Financial. Our application is risk free, has no costs, and doesn't affect your personal credit score.

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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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