Business Line of Credit

A line of credit is a flexible safety net that lets you access funds as needed. Interest is only paid on what you use and the funds can be used for a wide variety of business uses.

Requesting a quote has no impact on your Credit Score.
Business Line of Credit

Overview

A line of credit is a flexible way to borrow money for your business. It gives you access to funds up to a set limit, and you only pay interest on what you use. Think of it as a financial safety net—you can draw from it whenever you need to. You can use it to manage cash flow, handle unexpected expenses, or jump on new opportunities. Plus, as you make repayments (either automatically or manually), your available balance goes back up, so you can keep using it when needed. Lines of credit can be secured (using property as security) or unsecured and vary in how they charge fees—some might only charge interest on what you use, while others could add setup fees. If you’re looking for a simple way to smooth out cash flow or boost growth, a line of credit could be just what your business needs!

Business Line of Credit

Features

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Typical Uses

Pros

Cons

Think About

  • An available cash buffer to cover overheads
  • Easy way to cover large upfront job costs
  • Buying stock in bulk to access discounts
  • Fund business growth
  • Manage tax debts
  • Use it whenever you need, it's totally flexible
  • Pay interest only on what you borrow
  • Lots of unsecured loan options available
  • Helps improve your business credit score
  • Quick and hassle-free application process
  • May need a longer business history
  • Could be subject to fees
  • Larger loans might need collateral
  • Lower credit may mean higher rates
  • This product will likely need a director’s guarantee
  • Does my business have ups and downs in income but steady bills to pay?
  • Am I planning to grow or invest in your business but unsure how much funding I’ll need?
  • Could having extra cash now help boost revenue or profit?
  • Do I feel confident in my future income and ability to repay a loan?
  • Do I want to consolidate outstanding accounts, invoices, or debts?
Typical Uses
  • An available cash buffer to cover overheads
  • Easy way to cover large upfront job costs
  • Buying stock in bulk to access discounts
  • Fund business growth
  • Manage tax debts
Pros
  • Use it whenever you need, it's totally flexible
  • Pay interest only on what you borrow
  • Lots of unsecured loan options available
  • Helps improve your business credit score
  • Quick and hassle-free application process
Cons
  • May need a longer business history
  • Could be subject to fees
  • Larger loans might need collateral
  • Lower credit may mean higher rates
  • This product will likely need a director’s guarantee
Think About
  • Does my business have ups and downs in income but steady bills to pay?
  • Am I planning to grow or invest in your business but unsure how much funding I’ll need?
  • Could having extra cash now help boost revenue or profit?
  • Do I feel confident in my future income and ability to repay a loan?
  • Do I want to consolidate outstanding accounts, invoices, or debts?
Typical Uses
  • An available cash buffer to cover overheads
  • Easy way to cover large upfront job costs
  • Buying stock in bulk to access discounts
  • Fund business growth
  • Manage tax debts
Pros
  • Use it whenever you need, it's totally flexible
  • Pay interest only on what you borrow
  • Lots of unsecured loan options available
  • Helps improve your business credit score
  • Quick and hassle-free application process
Cons
  • May need a longer business history
  • Could be subject to fees
  • Larger loans might need collateral
  • Lower credit may mean higher rates
  • This product will likely need a director’s guarantee
Think About
  • Does my business have ups and downs in income but steady bills to pay?
  • Am I planning to grow or invest in your business but unsure how much funding I’ll need?
  • Could having extra cash now help boost revenue or profit?
  • Do I feel confident in my future income and ability to repay a loan?
  • Do I want to consolidate outstanding accounts, invoices, or debts?

Potential Lenders

Further Information

MAXIMUM LOAN AMOUNT

$1,000,000

MINIMUM LOAN AMOUNT

$5,000

SPEED

Fast

INTEREST RATE

14%+

MAXIMUM LOAN TERM

5 Years

MINIMUM LOAN TERM

3 Months

Requesting a quote has no impact on your Credit Score.

What Sets Us Apart

DIY business loans
Lender access
Access to 90+ lenders matched to your business profile
Limited to the lenders you can find
Expert guidance
A lending expert is with you every step of the way
No expert help- you're on your own to understand requirements and loan options
Time investment
One single application
Multiple applications and follow-ups with different lenders
Matching accuracy
Our product-matching software combined with human insight pairs you with best-fit lenders
Trial and error- may apply to several lenders who aren't suitable
Application process
Streamlined, digital, and guided
Manual and varies across lenders
Approval speed
Funding in as little as 24 hours
Slower, as each lender has its own process
Chances of approval
Higher chance of approval with tailored lender matching
Risk of rejection when applying with the wrong lender or product
Understanding loan terms
Our lending experts make sure you fully understand the terms before you say yes
You’ll need to interpret lender jargon and fine print yourself
Get a quote
Requesting a quote has no impact on your Credit Score.

How We Help Fuel Your Business Growth

ONE APPLICATION TO 90+ LENDERS

At Valiant, we do the heavy lifting of your loan application. All you need to do is complete one easy form (which takes just 5-10 minutes) or jump on a quick call with one of our specialists.

From there, we use our leading product-matching software to find the right solution for you from over 90+ trusted lenders.

There's no need for endless paperwork or back-and-forth with multiple banks. Thanks to our streamlined process we can help you secure the right deal in as little as 24 hours.

PERSONALISED SUPPORT

With a team of experienced brokers, we operate across all niches of commercial finance. No matter what your funding needs or business goals are, there's someone at Valiant who can help you.

From the moment you request a quote, you're paired with a broker who'll guide you from application to settlement.

And it doesn't end there. After approval, your broker becomes your go-to partner for future funding needs.
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FAQ's

What's the difference between invoice finance and line of credit?
How much business line of credit can I get?
What are the requirements for a business line of credit?
What is a business line of credit?

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