Best Business Lines of Credit (2026)

Compare the best business lines of credit for 2026. Revolving access to capital with flexible draw and repayment options.

Written by Harvey Brooks, Senior Financial Editor

TL;DR Quick summary

OnDeck offers the best unsecured LOC (up to $200K, no fees, instant draws). Biz2Credit goes up to $500K. SmartBiz LOC is $50K-$100K at SOFR + 12.99-28.99%. Fora Financial offers $5K-$100K at 570+ credit. For the largest LOC needs, Biz2Credit wins on size.

Key Takeaways

OnDeck LOC is fully unsecured with no annual, monthly, or draw fees
Instant funding available for OnDeck LOC draws $1K-$10K (24/7)
Biz2Credit offers the highest limit at up to $500K
SmartBiz LOC has transparent rates (SOFR + 12.99-28.99%) but 6% origination fee
Only pay interest on what you draw — not the full credit limit

A business line of credit gives you revolving access to funds — draw what you need, pay it back, and draw again. Unlike a term loan, you only pay interest on what you use. We compared the top business LOC providers based on credit limits, rates, fees, and flexibility.

1

OnDeck

No stored Google rating

Rates and terms vary BBB: A+ Free Consultation

OnDeck is one of America's largest online small business lenders, a subsidiary of Enova International, offering term loans up to $400K and lines of credit up to $200K with same-day funding.

Same-day funding Monday through Friday for applications approved before 10:30 AM ET, with instant LOC draws available 24/7

$25 billion funded across 185,000+ businesses since 2006 — one of the largest track records in online business lending

No hard credit pull for initial eligibility check — soft pull only, no impact on personal credit score

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2

Biz2Credit

★ 4.5

Google rating from 2,714 reviews

Rates and terms vary BBB: NR Free Consultation

Biz2Credit is a New York-based fintech platform that has facilitated over $8 billion in funding to 200,000+ businesses, offering term loans, revenue-based financing, business lines of credit, and commercial real estate loans with 60-second prequalification.

$8 billion funded across 200,000+ businesses since 2007 — one of the largest online business lending track records

Four products covering $25K to $6M: term loans, revenue-based financing, LOC, and commercial real estate

60-second prequalification with soft credit pull — no impact on personal credit score

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3

F

Fora Financial

No stored Google rating

Rates and terms vary BBB: A+ Free Consultation

Fora Financial provides small business term loans up to $1.5M, revenue advances, lines of credit, SBA loans, and equipment financing with published factor rates, 4-hour approvals, and 24-hour funding for businesses with 570+ FICO scores.

Publishes factor rates (1.13-1.50) unlike most competitors who hide pricing

Early repayment discounts reduce effective cost to as low as 1.05 factor

570 minimum FICO — one of the lowest thresholds in business lending

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4

SmartBiz Bank, N.A.

No stored Google rating

Rates and terms vary BBB: n/a Free Consultation

SmartBiz Bank, N.A. is a national bank and SBA 7(a) lender specializing in small business financing, offering SBA loans ($50K-$350K), bank term loans, and business lines of credit with funding speeds as fast as 7 days.

SBA-approved lender with $9B+ funded — proven track record

Fast SBA funding (7 days for smaller loans)

Now a federally chartered national bank (FDIC insured, OCC regulated)

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5

ROK Financial

No stored Google rating

Rates and terms vary BBB: A Free Consultation

ROK Financial (ROKFI LLC) is a business loan broker based in Great River, NY that connects borrowers with lending partners across 11 financing products including term loans, SBA loans, equipment financing, CRE, and MCA, with a minimum credit score of 500.

11 financing products under one roof — term loans, SBA, LOC, equipment, A/R, PO, MCA, CRE, franchise, startup, and middle market

500 minimum credit score is one of the lowest entry barriers in business lending

Startup funding available with just 6 months in business and $120K annual revenue

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Frequently Asked Questions

How does a business line of credit work?

A business LOC provides a credit limit you can draw from as needed. You only pay interest on the amount drawn, not the full limit. Once repaid, the funds are available again. Terms typically range from 12-24 months with weekly or monthly payments.

What is the difference between a business line of credit and a term loan?

A term loan gives you a lump sum with fixed payments over a set period. A line of credit lets you draw and repay repeatedly. LOCs are better for ongoing cash flow needs; term loans are better for one-time investments.

What credit score do I need for a business line of credit?

OnDeck requires 625+ FICO for LOCs up to $200K. Fora Financial accepts 570+. SmartBiz needs "good credit" for their LOC product. Biz2Credit's LOC requires 650+ with 12 months in business.

Are business lines of credit unsecured?

Some are. OnDeck's LOC is fully unsecured — no collateral, no annual fees, no draw fees. Others may require a general lien on the business or personal guarantee depending on the amount.

More providers in this category

Beyond the ranked list above, these 12 providers cover the same category in our directory. Click through to compare CFPB complaint data, Google ratings, and BBB standing side-by-side.

Square Financial Services

San Francisco, CA

★ 2.1 · 533 reviews

Mulligan Funding, LLC

San Diego, CA

★ 4.7 · 132 reviews

Celtic Bank

Accion Opportunity Fund

San Jose, CA

★ 3.5 · 74 reviews

Allies for Community Business

Chicago, IL

★ 3.9 · 68 reviews

Rapid Finance

1st Bank Card Services

Chicago, IL

★ 3.9 · 42 reviews

Accessity

San Diego, CA

★ 4.4 · 79 reviews

Accompany Capital

New York, NY

★ 4.5 · 16 reviews

ACE | Access to Capital for Entrepreneurs

Atlanta, GA

★ 3.3 · 10 reviews

Acme Finance Co Inc

Seattle, WA

★ 4.8 · 74 reviews

ADR Financial Group

Charlotte, NC

★ 4.9 · 183 reviews

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HB

Harvey Brooks

Senior Financial Editor

Harvey Brooks is a consumer finance writer specializing in credit repair, personal lending, and debt management. With over a decade covering the industry, he makes financial literacy accessible to everyday Americans. About our editorial team.

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