Line of Credit
Capital on demand, interest only on what you draw.
A revolving line of credit gives you flexible access to capital whenever you need it. Draw funds, repay, and draw again, without reapplying.
- Range
- $250K
- Terms
- Revolving
- Speed
- 24 hours
- Min FICO
- 550+
The short answer
How does a business line of credit work?
A revolving line of credit gives you flexible access to capital whenever you need it. Draw funds, repay, and draw again, without reapplying.
- Range
- $250K
- Terms
- Revolving
- Speed
- 24 hours
- Min FICO
- 550+
- Min revenue
- $15K/mo
Last updated 2026-06-24
How it works
One application, three honest steps.
The same process powers every ICG product. Line of Credit adds nothing extra. See the full walkthrough →
Step 01
Apply
Three minutes online. No documents required to start. Soft credit pull only.
Step 02
Review
One ICG team underwrites your file against line of credit criteria. You get a decision and indicative terms.
Step 03
Fund
Sign electronically. Funds wire to your operating account, typically within 24 hours of approval.
Who it’s for
Built for businesses that fit line of credit.
If these four lines describe your business, you very likely qualify.
Eligibility snapshot
- Time in business
- 6 months or more
- Monthly revenue
- $15K/mo
- Personal credit
- 550+
- Funding speed
- 24 hours
Common use cases
Seasonal Cash Flow
Draw during slow months, repay when revenue picks up.
Unexpected Expenses
Cover emergency repairs, insurance deductibles, or sudden costs.
Ongoing Working Capital
Maintain a cushion for payroll, rent, and operating expenses.
Compare
Line of Credit sits next to four other products.
One application routes you to the product that actually fits. Full side-by-side comparison →
| Product | Range | Speed | Best for |
|---|---|---|---|
| Line of CreditYou are here | $250K | 24 hours | Seasonal Cash Flow |
| Revenue Funding | $500K | 24 hours | Emergency Payroll |
| Term Loans | $500K | 24–48 hours | Business Expansion |
| Bridge Capital | $500K | 24 hours | Real Estate Deposits |
| SBA Loans | $5M | 30–60 days | Business Acquisition |
| BCA | $500K | 24–48 hours | Card-Heavy Retail & Restaurants |
FAQs about Line of Credit
The questions we hear most.
01How is interest calculated?
How is interest calculated?
Interest is charged only on the amount you draw, not your total credit line. Rates are typically 1–3% per month on the outstanding balance.
02Can I increase my credit line?
Can I increase my credit line?
Yes. After 6 months of on-time payments, you can request a credit line increase based on updated revenue.
03Is there a draw charge?
Is there a draw charge?
No draw charges. You access your funds at any time through a direct transfer to your business account.
By state
Available in every state we fund.
Each state page covers the local commercial financing disclosure rules, the SBA district office, and where to file UCCs for line of credit.
- AlabamaAL
- AlaskaAK
- ArizonaAZ
- ArkansasAR
- CaliforniaCA
- ColoradoCO
- ConnecticutCT
- DelawareDE
- Washington, D.C.DC
- FloridaFL
- GeorgiaGA
- HawaiiHI
- IdahoID
- IllinoisIL
- IndianaIN
- IowaIA
- KansasKS
- KentuckyKY
- LouisianaLA
- MaineME
- MarylandMD
- MassachusettsMA
- MichiganMI
- MinnesotaMN
- MississippiMS
- MissouriMO
- MontanaMT
- NebraskaNE
- NevadaNV
- New HampshireNH
- New JerseyNJ
- New MexicoNM
- New YorkNY
- North CarolinaNC
- North DakotaND
- OhioOH
- OklahomaOK
- OregonOR
- PennsylvaniaPA
- Rhode IslandRI
- South CarolinaSC
- South DakotaSD
- TennesseeTN
- TexasTX
- UtahUT
- VermontVT
- VirginiaVA
- WashingtonWA
- West VirginiaWV
- WisconsinWI
- WyomingWY
By industry
Built for your industry.
Industry-specific cash-flow patterns, qualification realities, and how line of credit fits each one.
Ready when you are
Apply for Line of Credit. Get an answer today.
Three minutes. Soft credit pull. One ICG team from application to wire.