Draw when you need it. Repay when you can.
Working Capital Lines of Credit
A working capital line of credit is a revolving credit facility that gives businesses continuous access to capital without requiring a new application each time funds are needed. Draw against your approved credit limit to cover operating expenses, bridge payment gaps, or take advantage of short-term opportunities. Repay, and the credit becomes available again. This structure is suited to businesses with recurring cash flow needs that vary in timing or amount. Yardline facilitates working capital lines of credit from $20,000 to $10 million.
What is a Working Capital Line of Credit?
A line of credit is an approved credit limit against which a business can draw funds at any time, up to the established maximum. Unlike a term loan — where the full amount is disbursed at once — a line of credit is accessed as needed and repaid on a revolving basis.
Interest accrues only on the outstanding balance, not on the full approved limit. This makes lines of credit a cost-efficient structure for businesses with variable capital needs that don’t require a large lump sum.
Revolving Access
Draw, repay, and draw again — continuously — without reapplying for new financing.
Interest on Drawn Balance Only
You pay interest on what you use, not on your full approved credit limit.
Common Uses
Working capital lines of credit are commonly deployed for:
Bridging Receivables Gaps
Cover operating expenses while waiting for outstanding invoices to be paid by customers.
Inventory Purchases
Buy inventory ahead of a peak sales period without waiting for prior sales to clear.
Payroll and Operating Expenses
Maintain uninterrupted operations during slower revenue months or unexpected cash shortfalls.
Supplier Payments
Meet payment deadlines to preserve supplier relationships or capture early-payment discounts.
Key Features
Revolving Credit Structure
The approved credit limit resets as you repay drawn amounts. No reapplication required. Capital is available when the business needs it, not only when a new loan is processed.
Interest Only on Drawn Amounts
Carrying an unused credit limit costs nothing. Interest accrues only on funds actively drawn, making lines of credit a cost-efficient tool for variable capital needs.
Flexible Draw Amounts
Draw the precise amount needed — not a fixed lump sum. Minimum draw amounts vary by lender; your Yardline representative will outline the specific terms for each offer.
Multiple Lender Options
One application accesses 30+ lending partners with different eligibility criteria, rates, and structures. Businesses with strong financials may qualify for lower rates than they’d receive through a single-lender application.
How It Works
Get funding in as little as 24 hours with our streamlined process
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Complete our simple 5-minute application with basic business and asset information.
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