Interest Only Revolving Lines of Credit
Press the calculator button to see just how much you qualify for.
Get FundingGiving You the Power to do More
Welcome to NextBizLoan! With LOW, interest-only payments for up to a year and approvals in 24 to 48 hours on amounts up to $1.5 million, NextBizLoan's Line of Credit is unmatched.
The 11-month revolving period gives you the flexibility to draw funds and pay down your principal balance as often as you need. Couple that with fixed terms up to 3 years and NextBizLoan becomes a powerful tool for business growth and increased profitability.
Estimate Your Borrowing Eligibility
Enter your annual gross income to see the range you may be eligible to borrow.
Why our model is different
Unlike traditional term loans, our revolving line of credit operates on a pay-for-what-you-use model. You are only charged interest on the actual funds drawn, and only for as long as you use them — so the true cost of capital is tied directly to utilization.
Features:
- Not a merchant cash advance
- No early payoff penalties; interest accrues only through the payoff date
- Interest-only payment relief, reducing the payment by roughly two-thirds instantly
- Revolving access to capital: principal paydowns free up line availability
Terms:
- Approvals from $200K up to $1.5M
- Unlimited draws of $10,000 or more during the revolving period
- A revolving period up to 11 months (48 weeks)
- Terms as long as 3 years
Your Company's Line of Credit is Only a Contact Away
We are able to assist all US citizens and permanent residents.