Line of Credit · Draw as needed

Money on standby, only when you need it.

A revolving credit line you draw against as needs come up — and you pay interest only on what you actually use. Approve once, then tap it again and again without reapplying.

Typical APR range
9.9–28.0%
Range updated May 19, 2026
Limit
Up to $250K
Term
6–24 mo
Min credit
625+
Funded in
Same day
Honest fit

Is this the right tool?

We earn more on some products than others — so the only way you can trust a recommendation is if we tell you when to walk away. Here is exactly who this is, and isn't, for.

A good fit if…
  • Your cash flow is uneven — busy months and slow months
  • You want a safety net you can draw on instantly
  • You buy inventory or cover payroll gaps repeatedly
  • You want to pay interest only on what you use
Look elsewhere if…
The real number

What it actually costs.

One worked example, every line shown — including what we earn. No teaser rate, no fine print. Want to run your own numbers? The calculator does it live.

Worked example
$50,000 limit, $20,000 drawn for 3 months at 18% APR
Credit limit$50,000
Amount drawn$20,000
APR on the draw18%
Time outstanding3 months
Interest paid~$900
Unused $30,000$0 — no cost
Emet fee on the draw (1.5–3%)$300–$600
Cost for this draw~$900
How to read this

You pay nothing on the portion you don’t use. Interest accrues only on the balance you’ve drawn, for only as long as it’s outstanding. Emet’s draw fee is disclosed before you draw.

Run your own numbers in the calculator
What you need

Eligibility & documents.

The honest minimums and the exact paperwork — so you know whether to apply and what to gather before you do.

Minimum requirements
  • 6+ months in business
  • 625+ personal credit
  • $10K+ average monthly revenue
  • Consistent deposit activity
Documents to gather
  • Driver’s license & voided check
  • Last 6 months business bank statements
  • Most recent business tax return (limits over $100K)
Application → funded
  1. STEP 1
    Apply
    4 minutes
    Soft pull, no score impact
  2. STEP 2
    Approved
    Same day
    Your limit and draw rate set
  3. STEP 3
    Draw
    Instant
    Pull funds whenever you need them
  4. STEP 4
    Repay & reuse
    Revolving
    Pay down, draw again, no reapply
Side by side

Compared with the alternatives.

The two products people weigh this against most often. Same numbers as our Rate Library, so the comparison is apples to apples.

Line of CreditThis page
Draw as needed
Term Loan
Fixed installments
Merchant Cash Advance
Daily/weekly remit
Rate9.9–28.0% APR8.9–24.9% APR1.12–1.45 factor
Amount$10K–$250K$25K–$500K$5K–$500K
Funded inSame day1–3 daysSame–next day
Best forFlexible safety netPredictable lump sumFastest cash
Apply now →View TermView Merchant
Straight answers

Questions, answered.

Do I pay interest on the whole line?

No — only on what you draw, for as long as it’s outstanding. An unused line costs you nothing beyond any small maintenance fee, which we disclose up front.

How fast can I access funds?

Once approved, draws are typically instant to same-day into your business checking. The first approval can land the same day you apply.

Does it renew automatically?

Most lines renew on a 6–24 month cycle as long as the account stays in good standing. As you repay, your available credit replenishes without reapplying.

What does Emet earn?

A 1.5–3.0% fee on funded draws, disclosed before you draw. Nothing is added to your interest rate.

Is there a personal guarantee?

Yes, a personal guarantee is standard. Most lines are otherwise unsecured for limits under $100K.

Four minutes · one soft pull

See your real rate today.

Answer seven questions and we’ll shop 40+ lenders for you — side-by-side offers, every fee disclosed, our cut shown. No hard pull until you accept.

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