Draw funds when the need comes up and repay on a schedule laid out in advance. FICO 500+ considered, 5-minute application.
See My LimitMaine Business Line of Credit
Built for Maine businesses with uneven costs. Soft pull to start, three months of statements, no tax returns.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
Apply in 5 minutes with three months of statements. Qualified businesses can be funded in as little as 24 hours.
FICO 500 and up is considered. Deposits matter as much as your score.
Your offer shows the full repayment terms before you accept, with no surprise costs after signing.
The repayment schedule for draws is laid out in your offer up front.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
A lump sum works when you know exactly what you are buying. Many Maine businesses do not have that luxury. A lobster dealer's costs shift with the catch. A general contractor in York County juggles several jobs at different stages. An inn may need a quick repair in July and nothing else until October. For uneven needs like these, a business line of credit can be a better fit than a one-time payout.
You are offered a credit limit. You draw what you need, when you need it, and repay according to the terms in your offer. Before you accept, the offer lays out the full repayment terms and the schedule so you can see how draws are repaid and what they cost. No surprise costs appear after you sign.
We start with a 5-minute application and a soft credit pull. We look at about three months of business bank statements, focusing on the steadiness of your deposits and the obligations you already carry. FICO 500 and up is considered, no tax returns are required, and sole proprietors can apply. Lines are sized to your business within our overall range of $25,000 to $5,000,000, and qualified businesses can be funded in as little as 24 hours.
A line of credit is most useful when it is treated as a tool, not a second checking account. Draw for expenses that clearly come back as revenue, like materials for a booked job or stock for a busy weekend, and repay before the next slow stretch. Keeping a written note of each draw and what it paid for makes it easier to see whether the line is helping. If you find yourself drawing every week just to stay even, that is a sign to look closer at pricing or costs, not just at more funding.
If you have one large purchase, working capital in Maine or equipment financing in Maine may be simpler. Apply here to see what fits.
Working capital is usually one lump sum. A line of credit lets you draw funds as needs come up, up to your approved limit.
Our funding ranges from $25,000 to $5,000,000. Your limit depends mainly on deposits and existing obligations.
FICO 500 and up is considered, together with your deposits and current obligations.
No. We work from about three months of business bank statements.
Yes. Your offer lays out the repayment terms and schedule before you accept.
No. The point of a line is that you draw only what you need, when you need it. Your offer explains how draws are repaid so you can plan each one.
Example uses for illustration only.
These habits help you get the most from a line.
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding