A business line of credit is a flexible pool of funds you can draw from as needed. You only pay interest on what you use, then replenish the line as you repay. At F.G. Howell, we help you access lines of credit from SBA-backed programs, banks, and select non-bank lenders — so you’re not stuck with one lender’s rules.
Credit limits starting around $10,000, with room to scale as revenue and performance improve.
Access funds when needed, pay them down, and redraw again — ideal for recurring cash-flow cycles.
Bank, SBA, and non-bank options, including programs that can fund quickly once you’re approved.
A line of credit is best used as a tool, not a crutch. We help you match the facility size and structure to the way cash actually moves through your business.
Cover payroll, rent, and operating costs when receivables lag a bit behind expenses.
Stock up ahead of busy seasons, secure bulk discounts, and avoid running out when demand spikes.
Fund upfront costs for jobs or contracts that pay out later, especially in service and trades.
Launch campaigns, test new markets, or ramp up staffing ahead of new revenue.
Use a properly structured line to help move away from short-term, high-cost cash flow loans.
Support operations while you work toward a larger SBA 7(a), 504, or expansion facility.
We don’t force every business into one product. We compare SBA, bank, and non-bank options and walk you through the trade-offs.
Useful when you have established cash flow and want a structured, lower-rate solution.
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Best when you want a long-term banking relationship and meet traditional credit standards.
Useful when speed, flexibility, or recent challenges make bank or SBA lines difficult.
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A line of credit is powerful in the right hands and painful in the wrong ones. Here’s where it usually shines — and where other structures may be healthier.
We keep the front end simple and do the comparison work behind the scenes so you’re not chasing multiple lenders.
Share a snapshot of revenue, receivables, and goals — no heavy document chase to get started.
We compare SBA, bank, and non-bank lines and narrow down realistic directions for your situation.
We gather the right documents once, then package your file for targeted lenders who fit the profile.
We stay involved through closing and help you think ahead about renewals and future credit needs.
Exact requirements vary by program, but most business lines of credit share a few common themes.
Whether you’re managing seasonality, funding projects, or cleaning up short-term debt, the right line of credit can give you breathing room instead of pressure. F.G. Howell acts as your advocate from first conversation to funding.
Start Line of Credit AssessmentSome non-bank and fintech lines can approve and fund within days once documents are provided. Bank and SBA-backed lines usually take longer but may offer better pricing. We’ll set expectations up front based on the path that fits you.
No. With most lines of credit, you only pay interest on the amount you draw, not the entire limit. Terms vary by lender, so we’ll walk through how your specific line works before you commit.
Some programs are unsecured and primarily based on cash flow and credit. Others may be secured by receivables, inventory, or other business assets. We’ll explain collateral expectations for each option we present.
In many cases, yes. A properly structured line or term loan can be used to pay off high-cost MCAs and short-term loans, if cash flow supports the new structure. We’ll review your current obligations and model realistic options.
Lines of credit are usually better for recurring, short-term needs you expect to pay down and reuse. Term loans work well for one-time needs or consolidations with a clear payoff schedule. We often use both over time as your business grows.
We live in SBA, bank, and non-bank credit programs every day and know how lenders actually view your file.
Instead of shopping lender to lender on your own, you work with one advocate who brings you options.
We focus on monthly sustainability, not just maximum approvals, so your line actually supports growth.
We stay involved from pre-qualification through closing, helping you navigate terms and conditions.
Your line of credit is one piece of the puzzle. We keep an eye on how today’s move sets up future financing.