Best Business Lines of Credit in November 2025

An American Express Business Line of Credit is an excellent option if you need to make a large purchase. It has low interest rates — the lowest starting rate on our list — which can help you save, especially on bigger expenditures.

It may also be an option if your business doesn’t earn that much, since it only requires you to show at least $36,000 in annual revenue. Plus, you can get a loan approval decision in a matter of minutes and receive funding instantly if you’re approved and connect to an American Express checking account.

However, each draw on the line of credit results in a separate loan and every loan requires a personal guarantee. Plus, the interest rate you’ll face will vary widely, depending on which term length you choose.

In order to qualify, you’ll need to meet American Express’s criteria of:

Each draw on American Express’s business line of credit will either result in a separate installment loan or a separate single repayment loan, depending on the length of the loan term you choose.

With installment loans, you’ll repay a set monthly payment each month until the loan is paid off in full at the end of the loan term.

In contrast, single repayment loans don’t require multiple monthly payments. Instead, the full principal balance and any interest charges are due in a single payment on a predetermined due date. Terms for single-repayment loans range from one to three months, with rates ranging from 0.95% to 6.05%. Single repayment loans are only available to people who have an existing American Express product.

If you need a bad credit business loan, Fundbox might be a good option. With a minimum credit score requirement of 600, low-credit borrowers can access revolving funds up to $250,000.00 to use toward various business expenses. Businesses must have an annual revenue of $30,000 or greater to qualify for Fundbox’s business credit lines, but if approved, you can receive funds within two business days of making your draw.

That said, in order to receive funding from Fundbox, you need to be willing to sign a personal guarantee, which puts you on the hook for repayment if your business defaults. Plus, at just 3 or 6, Fundbox’s repayment terms are fairly short, so you’ll need to be prepared to pay back the funds quickly.

In order to qualify, you’ll need to meet Fundbox’s criteria of:

Each draw on Fundbox’s line of credit results in a separate repayment plan, which is repaid via a series of weekly repayments. Borrowers can choose between a 3 or 6 repayment plan. However, if you choose to subscribe to Fundbox Plus, you’ll be given the option to make monthly payments instead.

Bank of America’s secured line of credit comes with a high minimum borrowing amount and affordable interest rate for well-qualified borrowers. Plus, it offers plenty of opportunities to earn rate discounts.

Unfortunately, though, it may not be the best fit for every borrower. The company doesn’t disclose its minimum credit score requirements and, at $250,000, the annual revenue requirement is fairly high compared to the competition.

In order to qualify, you’ll need to meet Bank of America’s criteria of:

Bank of America’s secured line of credit functions like a credit card. Purchases can be made up to a set limit and each purchase gets added to a cumulative balance. You’ll be given a minimum payment amount and be expected to make regular payments on what you’ve borrowed.

Bluevine is our top pick for financial automation because it offers both a line of credit and a checking account, and has several features that make managing your finances easy, including the ability to automate accounts payable and link to Quickbooks for easy accounting. You can manage your line of credit and checking account (and sub accounts) from one dashboard, making it a useful solution for business owners looking to simplify their finances.

Plus, with interest rates starting at just 7.80%, qualified businesses can take advantage of Bluevine’s business line of credit, which has no hidden fees and quick funding times.

Still, Bluevine imposes some eligibility restrictions on its products. Its line of credit is not available to business owners who live in Nevada, North Dakota, South Dakota or any U.S. territories. Additionally, at $120,000, its annual revenue requirement is higher than some of the competition.

In order to qualify, you’ll need to meet Bluevine’s criteria of:

Each draw on a Bluevine line of credit must be approved by the company beforehand and results in a separate loan, with its own repayment amount and repayment schedule.

The company offers two repayment schedules. The weekly repayment plan is meant for newer businesses and allows you to repay your balance through weekly payments over the course of 52 weeks. Meanwhile, businesses older than three years are eligible for the monthly repayment plan, which allows you to repay via monthly payments over 12 months.

If you need same-day funding, OnDeck offers an unsecured line of credit, worth up to $200,000.00, that can be funded instantly. Plus, there are no added draw fees or annual fees to worry about, which can help bring down the cost of borrowing.

Yet, while OnDeck doesn’t disclose its absolute minimum rates, the minimum rate given to at least 5% borrowers is fairly high at 39.60%. In addition, at just $200,000.00 the maximum amount that you can borrow from the company is lower than you’ll find with many competitors.

In order to qualify, you’ll need to meet OnDeck’s criteria of:

OnDeck’s line of credit allows you to draw funds as needed. It functions similarly to a credit card. After each draw, the entire balance is re-amortized and you’ll get an adjusted monthly payment amount.

If you need the ability to borrow money as you go and a longer repayment term, consider Truist’s line of credit. Its secured line of credit offers access to up to $250,000.00 with repayment terms of up to 60. As an added bonus, the company doesn’t impose minimum annual revenue or time in business requirements.

Yet, Truist doesn’t publicly share its credit score requirements or interest rate information, which can make it hard to tell if this line of credit is the right fit for you. Plus, you will be required to visit a local branch in person in order to close on your line of credit.

In order to qualify, you’ll need to meet Truist’s criteria of:

Truist’s line of credit lets you borrow money up to a pre-designated limit for a set term of 12 to 36 months, or up to 60 with sufficient collateral. Once approved, you can access the funds by requesting a transfer to your checking account or by writing checks.

Interest only accrues on the amount that you borrow. You can make multiple draws up to your limit — if you do, you’ll get a new monthly payment amount.