A business line of credit is a flexible form of small business financing. You can borrow against it up to a preset limit and only pay interest on the amount that you’ve borrowed. Some lines of credit work similarly to a credit card, where you pay based on your total balance, while others have terms for each draw. Jump ahead for more information on lines of credit and how they work or keep , A business line of credit allows you to borrow up to a certain limit and only pay interest on the money you borrow — similar to the way a credit card works., CNBC Select compared over a dozen lenders based on fees, terms, eligibility requirements and more to determine the best business lines of credit., Need a line of credit (LOC) for your small business? Business.org reviews the best business lines of credit to help you find the right one for you., A business line of credit is just one type of business loan. Check out our guide to see if it’s the right fit for your needs., Business lines of credit provide flexible funding to aid cash flow and capital. Find our top picks here..