Business Line of Credit
Access working capital anytime, anywhere.
$5,000 – $150,000
1 – 3 Years
$20,000 – $350,000
1 – 4 Years
Up to $200,000
Daily, Weekly or Semi-Monthly Payments
85% – 95% of Invoice Value
Actual offers vary based on your application information and lender.
A business line of credit is a sound solution for business owners who need ongoing access to capital. With a line of credit, you can draw funds when you need, up to your approval limit. As you pay back, your capital becomes available, allowing you to draw again. Check below to see the details and benefits of credit options offered by our True Relationship NetworkTM of partners.
Business Line of Credit at a Glance
Benefits of a Business Line of Credit
Business Lines of Credit Are Ideal for:
Apply for up to $50,000
12, 18 or 24 months
Weekly or monthly
Business line of credit
Clear payment terms, interest does not compound, no penalty for early payoff
Our Relationship with Headway Capital
The Business Backer and Chicago-based Headway Capital are both part of Enova International (NYSE: ENVA), a leading online lender. Enova has serviced over $15 billion in loans to more than 3 million consumers since 2004.
About Headway Capital
Headway Capital’s mission is to provide access to a “true” line of credit so you can access the money you need to run your business. They give you the flexibility to draw money whenever you need it. Requesting funds with Headway Capital is simpler and quicker than working with a bank. Ultimately, they look to form a long-term partnership with you to help your business succeed.
True Relationship NetworkTM
We help your business succeed with funding options like our installment loans and FlexFund product. In addition to our in-house options, we’ve created a network of partners with a variety of funding solutions from SBA and bank loans to alternatives — we’ll match you with the right product your business needs to grow.Speak to A Funding Advisor