A revolving line of credit provides
Flexible Options for Business Capital
giving you access to funds when you need them and only charging for what you use.

What is a business line of credit?
A business line of credit is a flexible business loan that allows you to borrow up to a certain amount, or credit limit, to cover short-term working capital requirements.
When you get a business line of credit, the lender approves you to borrow up to a certain amount of money and you’re able to access some or all of that money as you need it.
After you fully pay off a portion you’ve used, the full amount of your line of credit is available for you to use again.
Although business lines of credit do operate very similarly to a credit card, they are not the same thing. Credit cards typically have higher interest rates and in many cases, a line of credit does not have a mandatory monthly payment system.
What is a business line of credit, and how does it work at EJN Financial?
What are the key benefits of obtaining a business line of credit through EJN Financial?
EJN Financial’s business lines of credit offer several advantages:
Flexibility: Access funds when needed without reapplying for a new loan.
Cost-Effective: Pay interest only on the funds you use.
Quick Funding: Receive funds within 1 to 3 days after approval.
Credit Building: Responsible use can help establish and improve your business credit profile.
How does a business line of credit differ from a traditional term loan at EJN Financial?
While both are financing options, they serve different purposes:
Business Line of Credit: Provides a revolving credit limit, allowing you to borrow, repay, and borrow again as needed. It’s ideal for managing cash flow fluctuations and short-term financing needs.
Term Loan: Offers a lump sum of capital repaid over a fixed period with regular payments. It’s suitable for significant, one-time investments like equipment purchases or business expansion.
What are the typical terms and credit limits for EJN Financial's business lines of credit?
EJN Financial offers business lines of credit with the following terms:
Credit Limits: Ranging from $10,000 to $25,000.
Repayment Terms: Flexible terms between 6 months and 10 years.
Funding Time: Access to funds within 1 to 3 days post-approval
How can I apply for a business line of credit with EJN Financial?
Applying is straightforward:
Prequalify Online: Visit EJN Financial’s application page and submit basic business information.
Get Approved: The underwriting team reviews your application and discusses available options with you.
Receive Funds: Upon approval and acceptance, funds are deposited directly into your business bank account, ready for immediate use.