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Cash Secured Line of Credit

Build and strengthen credit while growing your business

Great for many small business with at least $50,000 in annualized revenue and 6 months in business.

Graduate to an unsecured line of credit over time

Security deposits start at $1,000

Path to an unsecured line of credit

1.

Apply online

Apply and fund the account with a minimum deposit of $1,000.

2.

Keep growing your business

Use your line of credit for operating expenses, payroll and more. Make regular payments and establish positive account history.

3.

Graduate to an unsecured line of credit

After a successful review of your account performance, your deposit will be refunded. Account reviews begin at 12 months.

Take control of your credit

Make regular, on-time payments to build your business credit. After 2 years in business under existing ownership and $100,000 in annual revenue, you could transition to an unsecured line of credit.

Refundable security deposit

Your credit line is the same as your security deposit. If your primary goal is to build your business credit, your small business can start with a security deposit as low as $1,000. You can close the account at any time by simply paying off the balance. Once the account has been closed, your security deposit will be refunded.

Line Amount & Fees Summary

Line amount
Origination Fee
from $1,000
None
Annual Fee
$150
(waived the first year)
Line amount
Origination Fee
Annual Fee
from $1,000
None
$150
(waived the first year)
Please see Terms and Conditions for rate, fee and other cost information, as well as an explanation of payment allocation. All terms may be subject to change.

Preferred Rewards for Business clients can save even more with interest rate discounts of

Preferred Rewards for Business clients can save even more with interest rate discounts of

0.25%

Gold

0.50%

Platinum

0.75%

Platinum Honors

 

Preferred Rewards for Business clients can save even more with interest rate discounts of

Preferred Rewards for Business clients can save even more with interest rate discounts of

0.25%

Gold

0.50%

Platinum

0.75%

Platinum Honors

 
 
 

Compare loan options

Business Advantage Credit Line
Business Advantage Credit Line Cash Secured
Business Advantage Term Loan
Business Needs
Business Needs Use whenever you need funds. Competitive interest rates.
Business Needs Establish your business credit. Build a path towards unsecured credit options. Use whenever you need funds.
Business Needs Receive funds as a one-time lump sum. Competitive interest rates.
Security deposit required
Security deposit required No
Security deposit required Yes
Security deposit required No
Minimum years in business
Minimum years in business 2 Years
Minimum years in business 6 Months
Minimum years in business 2 Years
Minimum sales revenue
Minimum sales revenue $100,000 in prior year annual gross sales
Minimum sales revenue $50,000 in annualized revenue
Minimum sales revenue $100,000 in prior year annual gross sales
Receive funds
Receive funds When needed
Receive funds When needed
Receive funds One-time lump sum
Interest is paid
Interest is paid Only on the outstanding balance
Interest is paid Only on the outstanding balance
Interest is paid Only on the outstanding balance
Payments
Payments Monthly payments based on your balance
Payments Monthly payments based on your balance
Payments Fixed equal monthly payments based on your loan amount and term
Graduation path to unsecured option
Graduation path to unsecured option N/A
Graduation path to unsecured option Yes
Graduation path to unsecured option N/A

Explore the small business community

Learn more about your funding options, strategies for building positive credit history, managing credit and more in Small Business Resources