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  • HELOC

Business HELOC Loans

Already own a home or commercial property? Put the equity you’ve built to work. A business HELOC gives you a revolving line of credit secured by your property — so you can draw what you need, when you need it, without touching your existing mortgage.

Whether it’s for renovations, inventory, payroll, or expansion, your equity can become one of the most cost-effective funding tools available to business owners.

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Key Details

Max Credit Line

Up to $750,000

Payback Terms

10, 15, 20, or 30 year terms.

Funding Timeline

As little as 5 days

Repayment

Monthly Payments

Type

Revolving Line — reuse funds without reapplying

Credit Pull

Soft

How It Works

A business HELOC lets you borrow against the equity in your home or commercial property, giving you a flexible, revolving line of capital instead of a fixed lump sum. Once approved, you draw what you need, repay it, and your available balance opens back up — no need to reapply.

Because it’s secured by real estate, a HELOC typically carries lower rates than unsecured loans or merchant cash advances, starting as low as 7.5% APR. During the draw period, you only pay interest on what you’ve actually borrowed, not your full line amount.

Interest-Only Draw Period

Revolving Line of Credit

Secured (Backed by residential or commercial real estate equity)

Top view of a diverse business team sitting at a table and shaking hands during a meeting with laptops and tablets.

Why Businesses Use a HELOC

Lower Cost of Capital

Secured by your equity, a HELOC carries meaningfully lower rates than unsecured financing.

Interest-Only Flexibility

Pay interest only on what you draw — not the full approved line.

Doesn't Touch Your Mortgage

A HELOC sits as a second lien, so your existing mortgage rate and terms stay untouched.

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Is a HELOC Right for You?

A business HELOC is ideal for:

Business owners who own residential or commercial property

Owners looking to fund renovations, expansion, or big-ticket purchases

Businesses that want lower rates than unsecured financing offers

Owners with at least 12 months in business and steady income

Businesses with variable cash flow needs that benefit from draw-and-repay flexibility

Talk to a Funding Specialist

FAQs

A HELOC lets you borrow against the equity you’ve built in your property. Once approved, you can draw funds as needed, up to your limit, and you only pay interest on what you use. As you repay, your available credit opens back up.

A home equity loan gives you a fixed lump sum with a set repayment schedule. A HELOC is revolving — you draw only what you need, when you need it. If your funding needs shift over time, a HELOC generally offers more flexibility and a lower overall cost than a fixed loan

Pros: Lower rates than unsecured products; interest-only payments during the draw period; no prepayment penalties; doesn’t disturb your existing mortgage.


Cons: Requires home or commercial property with sufficient equity; your property secures the line, so missed payments carry real risk; the process can take longer than unsecured funding.

Yes. A HELOC is secured by residential or commercial real estate, and you’ll generally need to retain at least 15–20% equity in the property after closing.

 

Lenders typically look for property ownership with sufficient equity, a personal credit score of 620 or higher, at least 12 months of business operating history, verifiable income or revenue, and a combined debt-to-income ratio generally below 43–50%

Standard property and income documentation is required — think tax returns, mortgage statements, bank statements, and ID. Requirements vary by lender.

Most HELOC applications close within 2–6 weeks of a completed application. Having your documentation ready ahead of time speeds things up.

No. The initial application uses a soft credit pull, which doesn’t impact your score. A hard inquiry only happens once you move forward with a specific lender offer — by which point you’ll already know your terms.

Yes. Having equity-backed capital on standby gives you flexibility for opportunities or emergencies, and you only pay interest when you actually draw funds.