Don't wait for banks to grow your business
Business line of credit of up to $250,000
Same day funding
Pay for what you use
We look forward to working with you and helping you Charge Your Business Forward™.
Business line of credit of up to $250,000
Same day funding
Pay for what you use
We look forward to working with you and helping you Charge Your Business Forward™.
Business line of credit of up to $250,000
Same day funding
Pay for what you use
The Idea Financial Line of Credit is the most flexible way to fund your business. With Idea Financial, your funds are available at any time straight from our online portal. You can withdraw funds to hire new staff, renovate property, purchase equipment and inventory, or simply take advantage of growth opportunities that come your way.
Pay for what you use from your credit limit
Get low payments with long repayment periods
Every draw you make restarts your repayment period
Getting a business loan in the form of a line of credit gives you control of your working capital so that you can Charge Your Business Forward™. Idea Financial’s small business Line of Credit is truly revolving, each payment replenishes the available draw amount, and every draw you make re-amortizes your outstanding balance over a long repayment term.
The Idea Financial Line of Credit is the most flexible way to fund your business. With Idea Financial, your funds are available at any time straight from our online portal. You can withdraw funds to hire new staff, renovate property, purchase equipment and inventory, or simply take advantage of growth opportunities that come your way.
Pay for what you use from your credit limit
Get low payments with long repayment periods
Every draw you make restarts your repayment period
Minimum Time in Business
Personal Credit Score
Business Monthly Revenue
Not a Sole Proprietorship or Non-Profit Entity
2 or more years in business
$15,000 or more in monthly revenue
650 or higher personal credit score
Not a sole proprietorship or non-profit entity
Save time with our fast, cost-free application process.
We offer the best working capital solution for your business.
Withdraw the funds you need, when you need them.
2 or more years in business
$15,000 or more in monthly revenue
650 or higher personal credit score
Not a sole proprietorship or non-profit entity
No origination or annual fee
Doesn't affect your personal credit
Paperless application
Quick approval and funding
Build business credit
Dedicated business advisor
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Our 3 step application form takes less than 1 minute to complete.
Subject to status, you will receive a same day decision.
Funds should be accessible within 24 hours.
Our dedicated team of business advisors wants to see your business grow with the right financing options.
We're a team of experienced business advisors and financial services professionals who understand the challenges of running a business. We came together to create funding solutions tailored to you that empower you and your business.
Idea Financial offers a quick and efficient paperless application process broken down into three steps.
You can start your risk-free application here. Applying does not affect your credit score.
We use advanced encryption to keep your information safe in accordance with our Privacy Policy.
There is no cost to apply for financing from Idea Financial. Our application is risk free, has no costs, and doesn't affect your personal credit score.
Idea Financial can provide a decision in minutes if we have all the necessary information and you link your bank account. Funding can become available within a business day.
We will conduct a "soft pull" or "soft inquiry", which means that your credit score WILL NOT be affected.
A business line of credit is a flexible funding solution that allows business owners to withdraw funds up to a certain credit limit and pay interest only on the funds withdrawn. Every time you draw funds, your balance owed increases. Every time you make a payment, your balance owed decreases and you're able to withdraw more funds. With a line of credit you can draw and repay funds as you wish as long as the balance outstanding doesn't go over your credit limit.
Our line of credit is a truly revolving, credit line with no annual fees and no repayment penalties. This means that you can withdraw funds and make payments as needed with interest accruing daily on any outstanding balance. Payments are due weekly, bi-weekly or monthly and are setup so that you repay the amount owed over long repayment terms, which makes your payment amount low. Every time you make a draw, your repayment period starts all over again, giving you the ability to see even lower payments.
You will be able to draw funds by logging into your Idea Financial account online and submitting a draw request. You can also call your Business Advisor.
Even if you don’t need financing today, securing your line of credit ensures that funds will be available to you when the need arises. Unlike a term loan that requires you to start paying on the full amount immediately, the Idea Financial Line of Credit enables you to draw funds as needed, only paying for the funds used.
No. As long as your outstanding balance is zero (0), you can close your account at any time and at no cost.
You agree that Idea 247, Inc. (“Idea Financial”) or its representatives or agents may call, text, or email you at the number and/or email provided above. You may opt out of receiving communications of your choice from Idea Financial as provided in the Privacy Policy. By clicking Get Started you agree to our Terms of Service and Privacy Policy.
By submitting your Credit Application (the “Application”) to Idea 247, Inc. (“Idea Financial”), you represent to Idea Financial, its agents and assignees, and you acknowledge and agree that (i) if the Application is by a company, you are authorized to apply on behalf of the company whose full legal name appears above under the Business & Personal Information portion of the Application for credit from us, (ii) the loan requested by the Application will not be used for any illegal or prohibited purpose, (iii) all information you provide within the Application and other supporting documents is true, complete and correct as of the date of the Application and (iv) Idea Financial may continuously rely on the information contained in the Application and you will notify us of any material changes to such information.
You understand and agree that Idea Financial and its agents and assignees are authorized to contact third parties to make inquiries in evaluating the Application, including, but not limited to, consumer or personal, business and investigative reports, and other information about you, including credit card processor statements and bank statements, from one or more consumer reporting agencies, such as TransUnion, Experian and Equifax, and from other credit bureaus, banks, creditors, or other third parties.
You understand and agree that the information provided within the Application may be provided to third parties to use the information for any lawful purpose, including for the purpose of offering credit and/or other products and services to the signing individual(s) and/or the company.
You further understand and agree that Idea Financial may transmit the Application, along with any of the foregoing information obtained in connection with the Application, to any or all of Idea Financial’s agents and assignees, including prospective agents and assignees, for the forgoing purposes.
The data you provide to us is used to find the best financing solution for your business and it is stored according to our Privacy Policy. We use advanced encryption to ensure your information is secured.
