Business Line of Credit up to $200,000
- No Out-of-Pocket Fees
- No Obligation
- Approval in as little as 4 hours
- Funds in your account within 24 hours
- Interest rates as low as 1.99% per month
Funding Your Success
5,000+
Businesses funded
since 2014
$200 million
Funded since 2014
98%
Approval Rate for qualified applicants
Business Line of Credit
Credit limits up to $200K
Flexible repayment terms
Ideal for ongoing expenses and cash flow management
What is a Business Line of Credit?
A business line of credit (LOC) operates like a business credit card, providing access to a set amount of funds that you can draw from as needed. This facility allows you to only pay interest on the money you borrow, and as you repay the funds, the credit limit replenishes for future use. The LOC is ideal for managing cash flow fluctuations, unexpected expenses, or covering seasonal revenue dips without requiring you to take a single lump sum.
Clear Skies Capital provides business lines of credit up to $200,000 with flexible draw and repayment schedules designed for maximum control. You can access the funds your business needs in as little as 24 hours through our streamlined application process, all backed by dedicated support and fully transparent terms.
What can a Business Line of Credit be used for?
- Cover Payroll
- Purchase Materials
- Upgrade Equipment
- Remodel Space
- Cover Payables
- Hire Employees
- Bid on Projects
- Improve Marketing
Benefits of a Business Line of Credit
No Hard Credit Pulls
Apply for a business loan without affecting your credit.
Quick Turnaround
If approved, business loans can fund as soon as the next business day*.
Build Business Credit
On-time payments can help build business credit.
Minimum Requirements for a Business Line of Credit
1 Year in business
$100K+ in annual business revenue
650 personal FICO score
Business checking account
Process Overview
1
Complete the application.
Funding made fast with our easy, minute-long process.
2
Get a decision.
Work with a funding advisor to choose the best option for your business.
3
Receive your funds.
Sign your agreement and access your funds next business day.
Trusted by business owners in all 50 states.
What makes our Business Line of Credit better?
Get the financing you need quickly, easily, and with a team that knows your business.
|
|
Clear Skies Capital® Line of Credit
|
Traditional Line of Credit
|
|---|---|---|
|
Processing Time
|
24-72 Hours
|
45+ Days
|
|
Requirements
|
||
|
Business Type
|
All Types
|
Businesses with operating history (typically more than a year) and revenue
|
|
Location
|
Operating Business in the United States
|
Varies
|
|
Business Plan
|
No
|
Yes
|
|
Profitable
|
Varies
|
Varies
|
|
Cash Flow
|
< 3-6 days of negative balances
|
Varies
|
|
Outstanding Debt/Credit
|
Credit-worthiness of business assures repayment of loan (FICO + Various measurements)
|
Credit-worthiness of business assures repayment of loan
+ Excellent personal credit |
|
Collateral
|
No
|
Yes
|
|
Money Down
|
No
|
Yes
|
|
Time in business
|
1 Year
|
Varies
|
|
Terms
|
||
|
Credit Limit
|
Up to $200k
|
Typically, 60% to 80% of collateral’s assessed value
|
|
Interest
|
Fixed interest rate with flexible payment terms
|
Fixed and variable rate loans, based on qualifications and prime rate
|
|
Repayment Terms
|
Fixed or variable monthly payments, which can be based on monthly revenue or cash flow
|
Monthly payments of principal and interest from the cash flow of the business
|
|
Maturity Terms
|
24 months
|
Varies, short- and long-term loans
|
|
Out of pocket fees
|
No
|
Yes
|
|
Prepayment Penalty
|
No
|
Varies
|
|
Use of Funds Restrictions
|
No
|
Yes
|
|
Covenants
|
No
|
No
|
FAQ's: Business Line of Credit
A flexible credit limit you can draw from as needed—only pay interest on what you use.
1+ year in business, $10,000+ in monthly sales, and a 650+ FICO score.
Pre-approval in as fast as 4 hours. Full approval and funding typically within 1–2 business days.
Credit limits are available up to $200,000 for qualified borrowers.
While startups are not eligible, we offer financing for businesses with at least 6 months of operational history.
No, you’re only charged when you draw funds. No fees for keeping the LOC open.
No annual fees.
No collateral is required.
There are no out-of-pocket fees.
Payments are automatically structured to 12, 18, or 24 months payback periods, reset with each draw. You can pay off a draw at any time.
Possibly. We offer flexible options for business owners with strong revenue and time in business.
Faster approvals, personalized support, no hidden fees, and real people guiding you through the process.
Email us, call, or fill out our contact form, we’re here to help.
Yes, we have stories from real clients who’ve grown with our help.