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Top Business Line of Credit Loans in Ohio Nov 2024
Build your credit. Unlock your business potential.
A line of credit loan is a great way to help your business thrive. Compare and review the top business line of credit providers that offer low rates, ideal repayment terms, and fast approval.
Best Business Loans in Ohio for November 2024
Find funding that suits your business
Top Business Line of Credit Loans in Ohio Nov 2024
Updated November 2024
Quick Approval
Competitive Rates
Easy Online Application
1
Editor's Choice
9.7
Exceptional
Scores are calculated based on:
Brand Performance
Based on data insights
8.8
Customer Engagement
Based on click-share
9.9
Products & Offerings
9.9
9.7
Exceptional
Scores are calculated based on:
Brand Performance
Based on data insights
8.8
Customer Engagement
Based on click-share
9.9
Products & Offerings
9.9
  • Fast & easy application
  • Wide range of financing options
  • 4.6-star rating on Trustpilot
Ranked in Deloitte's Fast 500
Apply Now
Visit Biz2Credit
More info:
Funding Amount
$25K - $6M¹
Time in Business
18+ months
Monthly Revenue
$10K+
Min. Credit Score
650
2
9.2
Outstanding
Scores are calculated based on:
Brand Performance
Based on data insights
9.4
Customer Engagement
Based on click-share
9.0
Products & Offerings
9.4
9.2
Outstanding
Scores are calculated based on:
Brand Performance
Based on data insights
9.4
Customer Engagement
Based on click-share
9.0
Products & Offerings
9.4
  • Applications reviewed in minutes
  • Receive funds in as fast as 24 hours
Strong Option for Building Credit
More info:
Funding Amount
$5K-$250K
Time in Business
12+ months
Monthly Revenue
$9K+
Min. Credit Score
625
3
8.7
Very Good
Scores are calculated based on:
Brand Performance
Based on data insights
9.9
Customer Engagement
Based on click-share
8.5
Products & Offerings
7.9
8.7
Very Good
Scores are calculated based on:
Brand Performance
Based on data insights
9.9
Customer Engagement
Based on click-share
8.5
Products & Offerings
7.9
  • Simple application process
  • Funds in as little as a few days
Pay Fees Only On The Amount You Use
More info:
Funding Amount
$2K-$250K
Time in Business
12+ months²
Monthly Revenue
avg. $3K+²
Min. Credit Score
660²
4
8.6
Very Good
Scores are calculated based on:
Brand Performance
Based on data insights
9.3
Customer Engagement
Based on click-share
8.0
Products & Offerings
9.0
8.6
Very Good
Scores are calculated based on:
Brand Performance
Based on data insights
9.3
Customer Engagement
Based on click-share
8.0
Products & Offerings
9.0
  • Hands-on support for fast funding
  • Provides transparent fee information
Helped Over 85K Small Businesses
More info:
Funding Amount
$5K-$1M
Time in Business
12+ months
Monthly Revenue
$15K+
Min. Credit Score
580
5
8.4
Very Good
Scores are calculated based on:
Brand Performance
Based on data insights
8.6
Customer Engagement
Based on click-share
7.9
Products & Offerings
9.2
8.4
Very Good
Scores are calculated based on:
Brand Performance
Based on data insights
8.6
Customer Engagement
Based on click-share
7.9
Products & Offerings
9.2
  • Get matched with a lender in minutes
  • Choose the best loan terms for you
Top-Rated Business Lending Platform
More info:
Funding Amount
$10K-$5M
Time in Business
18+ months
Monthly Revenue
$12K+
Min. Credit Score
620
6
8.1
Very Good
Scores are calculated based on:
Brand Performance
Based on data insights
9.9
Customer Engagement
Based on click-share
7.5
Products & Offerings
7.2
8.1
Very Good
Scores are calculated based on:
Brand Performance
Based on data insights
9.9
Customer Engagement
Based on click-share
7.5
Products & Offerings
7.2
  • 24-48 hour turnaround
  • Compare rates before taking a loan
Well-Established Lending Marketplace
More info:
Funding Amount
$5K-$1M
Time in Business
12+ months
Monthly Revenue
$10K+
Min. Credit Score
550
Compare Between Top Lenders
Use this side-by-side comparison table to help you find the right lender.
Features
9.7
9.2
8.7
8.6
8.4
Min. Time in Business
18 months
12 months
12 months
12 months
18 months
Min. Monthly Revenue
$10K
$9K
avg. $3K
$15K
$12K
Min. Credit Score
650
625
660
580
620
Loan Amount
$25,000 - $6,000,000
$5,000 - $250,000
$2,000 - $250,000
$5,000 - $1,000,000
$10,000 - $5,000,000
Repayment Period
1 month - 7 years
up to 24 months
varies
1 - 25 years
up to 25 years
Equipment Loans
SBA Loans
Top Choice Overall
9.7
Exceptional
Scores are calculated based on:
Brand Performance
Based on data insights
8.8
Customer Engagement
Based on click-share
9.9
Products & Offerings
9.9
9.7
Exceptional
Scores are calculated based on:
Brand Performance
Based on data insights
8.8
Customer Engagement
Based on click-share
9.9
Products & Offerings
9.9
  • Funding as fast as 72 hours
  • Large network of lenders
  • No application or submission fees
  • Rated 4.6 out of 5 ★ on Trustpilot
Apply Now
Visit Biz2Credit
FAQs About Business Line of Credit Loans
Financing your business has become easier than ever with many lenders and business loan providers available. Get started with the most commonly asked questions about line of credit loans.
What is a line of credit?
A line of credit (LOC) is a flexible loan provided by a financial institution that you can access as needed and repay either immediately or over time. LOCs can be cost-effective solutions for month-to-month financial difficulties or for executing complicated transactions. Just like any other loan, it's important to check interest rates, fees, and the repayment schedule before signing.
What is a business line of credit?
A business LOC can be used to borrow cash on an as-needed basis instead of taking out a fixed amount. A secured LOC is backed up by collateral, while an unsecured LOC is not guaranteed by any asset. For business owners, secured LOCs are attractive because they typically come with a higher maximum credit limit and significantly lower interest rates than unsecured LOCs.
When should I use a business line of credit?
The main reason to open a business LOC is to gain access to short-term funding. Most businesses use these funds to support financing for operational expenses like supplies and payroll or for increasing inventory.
What is the benefit of having a business line of credit?
A business LOC has built-in flexibility, which provides small and medium businesses with the ability to adapt to a changing environment, especially in times of growth or uneven cash flow.
What other lines of credit are available?
The most common types of LOCs are personal, business, and home equity. Opening a personal LOC (PLOC) usually requires a credit history of no defaults, a credit score of 670 or higher, and reliable income. PLOCs are frequently used by those with an irregular income for travel, entertainment as well as emergency events. Home equity LOCs (HELOCs) are the most common type of secured LOC and they are specifically geared toward homeowners.

¹Biz2Credit Disclosure: See website for details. Varies depending on product and qualifications.
²American Express Business Line of Credit Disclosure: All businesses are unique and are subject to approval and review. The required FICO score may be higher based on your relationship with American Express, credit history, and other factors. American Express® Business Line of Credit offers two loan types, installment loans and single repayment loans for eligible borrowers. All loan term types, loan term lengths, and pricing are subject to eligibility requirements, application, and final approval. This chart contains general information about the American Express® Business Line of Credit installment loan type only.
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