Free guide
12 credit lines and cards you can get for your business
- 12 real credit lines and cards, and what each one takes to get
- Which ones can approve on your EIN without a personal credit check
- Why a second card application gets declined, and how to avoid it
- Options for strong credit, challenged credit, and no collateral
Why business owners ask for credit lines first
A line of credit gives you a set limit you can draw on whenever you need it. You pay interest only on what you use, and as you pay the balance down, the credit becomes available again. That flexibility is why it is the financing business owners ask for most, and also why the best lines are hard to find and hard to qualify for.
The guide walks through the places a line or card can actually come from, what each one asks of you, and who each one is realistic for.
What the guide covers
The twelve options fall into six groups.
SBA credit lines
The SBA’s CAPLines programs for seasonal businesses, contract work, builders, and working capital, plus SBA Express, the faster route for well-qualified borrowers, and the paperwork the SBA and the bank will both ask for.
Private investors and alternative lenders
Online business lines of credit that need far less paperwork than the SBA and are usually sized on the revenue in your bank statements, plus lines backed by your unpaid invoices.
Revenue-based financing
Merchant cash advances and financing offered through platforms you already sell on, which lean on steady sales more than credit scores, and what they really cost.
Lines secured by stocks or bonds
Financing based on the value of an investment account, often at lower rates than unsecured credit, and the risk if the market drops.
Business credit cards
Unsecured and secured business cards, why a second application so often gets declined, and what to know before paying a card-funding service.
Business credit on your EIN
Vendor, store, fleet, and cash credit that can approve on your business profile, often without a personal credit check or guarantee.
Options for every credit situation
Most of the programs in the guide depend on strong personal credit. Some do not. The guide points out which ones still work with challenged personal credit, with no collateral, or before your business has much cash flow, and why building credit on your EIN makes sense even when your personal credit is good: it builds borrowing power in the business's own name.
Where to go from here
If business credit on your EIN is the option you want, the Finance Guide lays it out as a step-by-step checklist, and the EIN guide explains how to keep that credit off your personal report. All four free guides are on the e-books page.
Want to know which of these you qualify for today? The free consultation matches your business to the options that fit.