Revolving capital for cash flow, inventory, or unexpected costs. Pay interest only on what you draw.
Cover payroll and rent between receivables.
Stock up ahead of seasonal demand spikes.
Keep capital on standby without paying for idle funds.
Move fast on bulk discounts and vendor terms.
Lendmate Capital offers revolving lines from $10,000 to $250,000 with same-day approval and draws in minutes.
Check My Rate →Soft credit check. Won't affect your credit score.
A term loan gives you a lump sum upfront with a fixed repayment schedule -- good for one-time projects with known costs. A line of credit is revolving: you get approved for a maximum, draw only what you need, pay it back, and redraw without reapplying. You only pay interest on the outstanding balance. That makes lines ideal for variable or unpredictable costs.
Unsecured lines typically go up to $250,000 and rely on business revenue and personal credit. Secured lines, backed by accounts receivable or inventory, can reach $500,000+ with lower rates but require more underwriting. Most small businesses start with an unsecured line and graduate to secured as they grow.
Expect APRs of 8-30% on unsecured business lines, with draw fees of 1-3% on some products and no annual fee for qualified borrowers. Interest accrues daily on the outstanding balance and is calculated on the drawn amount, not the full credit limit.