Invoice Factoring
Invoice factoring can help businesses improve cash flow by converting eligible unpaid invoices into immediate working capital.
Best for: B2B businesses with creditworthy customers and 30–90 day payment terms
Line of Credit
Flexible Access to Capital When You Need It
A business line of credit gives qualified businesses access to revolving capital that can be drawn as needed.
Overview
A business line of credit provides a credit limit that businesses can draw against, repay, and reuse. Interest typically applies only on the drawn balance. Lines of credit are useful for managing cash flow swings, seasonal demand, payroll timing, or unexpected expenses.
Typical amounts
Limits commonly $25,000 – $500,000+ depending on qualification
Speed
Initial approvals may be available within 24–72 hours
Terms
Revolving, with draw and repayment terms set by the lender
Best For
Businesses with variable cash flow or recurring short-term capital needs.
Common Use Cases
- Cash flow management
- Seasonal inventory
- Payroll bridge funding
- Unexpected expenses
- Marketing pushes
- Vendor payments
Potential Benefits
- Pay interest only on the amount drawn
- Reusable as you repay
- Available when you need it
- Helps manage cash flow timing
Things to Consider
- May require regular financial reporting
- Rates and limits depend on credit profile and revenue
- Annual or maintenance fees may apply on some lines
How the Process Works
- 1Submit a secure application with basic business details
- 2American Financial Source reviews your profile and identifies eligible products
- 3Connect with a funding specialist to discuss the right structure
- 4Provide any final documentation and complete underwriting
- 5Funds are disbursed once the offer is accepted and finalized
Required Documents
- Business application
- 3–6 months of business bank statements
- Recent financial statements (may be requested)
Frequently Asked Questions
Related Funding Options
Home Equity Line of Credit (HELOC)
A home equity line of credit lets qualified homeowners draw against available equity to fund business growth, renovations, or large expenses.
Best for: Homeowners and real estate investors with available equity who want flexible, lower-cost capital
Apply
Apply for Business Line of Credit
Skip the long forms. Open our secure DocuSign application and a funding specialist will follow up within one business day. No cost, no obligation, and inquiring does not affect your credit.
- Secure DocuSign envelope — confidential submission
- Most applications take less than 10 minutes
- Response from a specialist within one business day
Apply with DocuSignCall (516) 373-7622
Prefer to talk first? A specialist can walk through options before anything is submitted.
Ready to Find the Right Funding Option?
Start your application today and let American Financial Source help you explore funding options built around your business goals.