No Revenue Required · Revolving Credit · Up to $100K

PERSONAL
LINES OF
CREDIT

Access a revolving personal line of credit to fund your startup. Draw what you need, repay, and draw again — with interest only on what you actually use.

Check Your Eligibility

No hard credit pull · Pre-approvals in minutes, not days

Draw / Repay / Repeat

How a Line of Credit Works

Get Approved

Your line of credit is approved up to a set limit based on your personal credit profile and income. No business revenue needed.

Draw What You Need

Access funds whenever you need them, up to your limit. You only pay interest on the amount you draw — not the full credit line.

Repay and Reuse

As you repay your balance, your available credit is restored. You can draw again without reapplying, making it ideal for variable expenses.

Two Structures

Secured vs. Unsecured LOC

Option 1

Secured Line of Credit

A secured personal LOC uses an asset as collateral — commonly a savings account or investment portfolio. Because the lender has a guarantee, you'll typically receive a lower rate and potentially a higher credit limit.

Lower interest rate
Higher credit limits available
Collateral required (savings, investments, or property equity)
More accessible for applicants with average credit

Option 2

Unsecured Line of Credit

An unsecured personal LOC requires no collateral. Approval depends on your personal credit score, income, and overall credit profile. This is the most common option for founders who want flexibility without tying up assets.

No collateral required
Approval based on personal credit and income
680+ FICO typically required
Interest accrues only on drawn balance

When It Makes Sense

Best Use Cases

📦

Variable Inventory

Draw when you need to stock up and repay as inventory sells — pay interest only during the draw period.

🛠️

Unpredictable Expenses

Ideal when you can't predict exact costs upfront. Access capital on demand without taking a lump-sum loan.

💸

Cash Flow Gaps

Bridge gaps between client payments or seasonal slow periods without committing to a fixed monthly loan payment.

🚀

Opportunistic Spending

Jump on a bulk deal or time-sensitive opportunity without waiting for a new loan approval each time.

Qualification Criteria

Requirements

📊

Credit Score

680+ FICO

🏢

Business Revenue

Not Required

📅

Time in Business

0 Months OK

💰

Max Credit Line

Up to $100K

💵

Interest Charged On

Drawn Balance

Common Questions

Frequently Asked Questions

What's the difference between a line of credit and a loan? +

A loan gives you a lump sum upfront that you repay in fixed installments. A line of credit gives you access to a pool of funds you can draw from as needed, repay, and draw again — similar to how a credit card works but typically with lower rates and higher limits. You only pay interest on what you actually draw.

Can I use a personal line of credit for my business? +

Yes. A personal line of credit can be used for any purpose, including funding business operations. This makes it useful for pre-revenue founders who don't yet qualify for business credit products. The credit is tied to your personal name, so the business doesn't need to have a credit history or revenue.

Does a high balance affect my credit score? +

Yes. Like all personal credit products, a personal line of credit contributes to your credit utilization ratio. Drawing a large portion of your available limit can temporarily lower your credit score. As you repay the balance, your utilization improves and your score typically recovers.

Is the interest rate fixed or variable? +

Personal lines of credit often carry variable interest rates that can fluctuate with market benchmarks. The rate you receive depends on your credit profile and the lender. Since you only pay interest on drawn balances, keeping your balance low minimizes your total interest cost regardless of the rate structure.

What happens if I don't draw from the line? +

If you don't draw from your line of credit, you typically pay no interest — only the account exists in your credit profile as available credit. Some lenders may charge a small annual or inactivity fee, but there's no interest charged on unused credit. Having an undrawn line of credit can actually improve your utilization ratio and benefit your score.

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