Draw funds when you need them and only use what you draw. FICO 500+ considered, about three months of statements, no tax returns.
See My LineTennessee Line of Credit
Tennessee businesses rarely spend in a straight line. A line of credit lets you cover the surprise repair or seasonal stock without reapplying every time.
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 about five minutes with roughly three months of bank statements. Funding in as little as 24 hours for qualified businesses.
FICO 500+ considered. Strong, steady deposits count in your favor.
The full repayment amount is shown before you accept. No surprise costs after you sign.
Your repayment schedule is in the offer up front, so every draw fits your plan.
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 is great when you know exactly what you need. Many Tennessee owners do not. A Memphis trucking dispatcher never knows which week a tractor will need tires. A Franklin event venue books deposits months out but pays staff weekly. A Johnson City contractor may need materials one month and nothing the next.
A business line of credit gives you access to funds you can draw on when a need comes up. You only use what you draw, and the terms of each draw, including the full repayment amount and schedule, are spelled out before you take it.
Tennessee pulls together several very different economies. Middle Tennessee has auto plants and the suppliers around them. Nashville has music, hospitality and a large healthcare industry. Memphis is a major freight and distribution hub. East Tennessee draws visitors to the Smokies, with busy summers and fall color seasons followed by quieter winters.
A line of credit is useful in all of them because it flexes. Draw ahead of a busy season, repay as revenue comes in, and have room again for the next surprise.
Sole proprietors can apply. We built this for established businesses with steady deposits. Funding ranges from $25,000 to $5,000,000, and qualified businesses can be funded in as little as 24 hours.
A line works best for repeated, unpredictable needs. If you have one clear expense, working capital may be simpler. If you are buying a specific machine, look at equipment financing in Tennessee. For card-heavy businesses, a merchant cash advance repays from future sales. You can read more about the product on our business line of credit page or apply now.
The owners who get the most from a line treat it as a tool for timing, not a permanent extra budget. Draw for something that will bring money back in, such as inventory you already have buyers for or labor on a job that is already booked, and pay it down as that revenue arrives. That keeps room available for the next time you need it.
With a line, you draw funds as needs arise instead of receiving everything at once. Each draw comes with its repayment details shown up front.
Funding ranges from $25,000 to $5,000,000. Your deposits and existing obligations are the main factors.
No. We review about three months of business bank statements.
We start with a soft credit pull, which does not affect your score.
Yes, sole proprietors can apply.
Example uses for illustration only.
These steps help you get more out of a line and look stronger when you apply.
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding