Capital on standby. Use it when you need it.

Get approved once, then draw funds whenever a need comes up. You only pay for what you actually use, and the line refills as you repay.

Start your application Call (516) 268-2466

How it works

A safety net that works like a tool.

Once approved, you have a credit limit you can tap at any time. Draw a little or a lot, repay it, and the available balance goes back up. Nothing is owed on the part you have not used.

Lines are usually reviewed and renewed each year. Lenders look for consistent revenue and responsible use of past credit, so a line tends to get cheaper and larger as your history grows.

Repayment: Weekly or monthly on what is drawn
Reuse: Revolving, refills as you repay
Unused balance: No interest owed
Renewal: Typically every 12 months

Who it's for

Who a line of credit fits best.

Seasonal or uneven revenue

Cover the slow months, then pay it down when sales pick back up.

Steady business, no urgent need

Set it up now while numbers are strong, so it is ready before you need it.

Newer business, growing fast

Smaller starting limits are common, with increases as you show a track record.

Common uses

What owners use it for.

Payroll during a slow stretch
Restocking inventory between big orders
Covering gaps while customers pay invoices
Unexpected repairs or emergencies
Taking a supplier discount for paying early

Line or lump sum?

Pick the shape that matches the need.

A term loan is ideal for one known purchase. A line of credit is better when needs come and go and you do not want to pay interest on cash sitting idle. Many owners use both: a term loan for the project, a line for the day to day.

Talk to an advisor

	Line of credit	Term loan
Best for	Recurring needs	One-time projects
Interest charged on	Amount drawn	Full amount
Reusable	Yes	No

Getting started

What you'll need.

Most applications take a few minutes. Have these ready and your file moves faster.

Your last 4 months of business bank statements
Business legal name, EIN and start date
Owner ID and basic contact details
Recent financials for limits over $250K

Prefer to talk first?

Speak with an advisor about your numbers before you apply. No cost, no obligation.

Call (516) 268-2466

Or email info@peakstonecg.com

FAQs

Lines of Credit, answered.

Do I pay anything if I don't use the line?

Interest only applies to what you draw. Some lenders charge a small maintenance or draw fee, and we show you those costs before you choose.

How fast can I draw once approved?

Draws often land in your account within one business day.

Can my limit go up?

Yes. Lenders often raise limits at renewal when your revenue grows and payments stay on time.

Will it affect my credit?

We start with your application and bank statements. If a lender needs a credit check, we let you know first.

Not quite the right fit?

Tell us what the capital is for and we will point you to the structure that fits.

Ready when you are

See what your business qualifies for.

Start your application in a few minutes. One advisor will walk you through every option.

Apply Now Call (516) 268-2466