Working Capital
Line of Credit
A revolving business line of credit puts working capital at your fingertips. Draw only what you need, only when you need it. Pay interest only on the balance you actually use.
Overview
What is a Line of Credit?
A business line of credit is a revolving facility: you're approved for a maximum credit limit, draw against it as needs arise, and only pay interest on what you've drawn. As you repay, availability replenishes for future draws.
Lines of credit are the most flexible working-capital tool available to small and mid-sized businesses. They're built for the recurring, unpredictable, or seasonal cash-flow gaps that don't warrant a fixed lump-sum loan.
Best For
Businesses with cyclical or unpredictable working-capital needs.
Common Uses
Best for these business needs
How it works
A clear path from application to funding
- 1
Apply
Short application with business and owner information.
- 2
Document review
Recent business bank statements and basic financials.
- 3
Underwriting
Cash-flow and credit review against lender criteria.
- 4
Approval
Credit limit, rate, and draw terms confirmed.
- 5
Draw
Request funds when needed; only pay interest on what you use.
Eligibility
Qualification considerations
Eligibility varies by lender and financing program. The items below are general considerations, not guaranteed approval requirements.
- Time in business
- Typically 1+ year of operating history.
- Revenue
- Consistent monthly business revenue.
- Bank activity
- Recent business bank statements demonstrating deposits and cash flow.
- Credit profile
- Owner credit reviewed as part of underwriting.
Documents
Documents you may need
Exact documentation depends on loan size, lender and use of funds.
- Business bank statements (typically 3–6 months)
- Business identification (EIN, formation docs)
- Owner ID and information
- Recent P&L (for larger limits)
Benefits
Why businesses choose it
- Draw only what you need, when you need it
- Interest applies only to the drawn balance
- Availability replenishes as you repay
- Fast approvals compared to term loans
Considerations
What to think about
- Rates vary by lender and credit profile
- Maintenance or draw fees may apply
- Personal guarantee typically required
- Credit limit reviewed periodically
FAQ
Frequently asked questions
Disclosure. Business lines of credit are provided through Mosky Capital's lender network. Pricing, availability and revolving terms depend on the underlying lender.
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Learn moreReady to explore your financing options?
Start an application or speak with a senior underwriter to structure the right capital for your business.