Credit For Small Businesses

Move your business forward with flexible business credit from Headway Capital.

What's your desired credit limit?

What repayment term works for you?
How often do you want to make payments?

Weekly Payment Amount*:

$424.00 Apply Now

We’re currently accepting new customer applications. Applying will not impact your credit score.

Applying will not impact your credit score.1

*This business loan calculator assumes a monthly interest rate of 3.3% and a 2% draw fee. Your interest rate and credit limit may vary based on your application. No draw fee in CO, GA, IN, NJ and OK.

Bad Credit Business Credit Cards

Business credit cards generally offer business-specific benefits, such as employee cards and spending controls, with service tailored to the needs of small business owners. These perks allow business credit cards to be used as a business financial tool that entrepreneurs can incorporate into their business strategies. Startup companies or business owners with lower-than-average credit score may look for bad credit business credit cards. However, there are no uniquely designed business credit cards for bad credit. The good news is that there are a few alternatives, such as secured credit cards or business lines of credit.

Lines of Credit vs. Business Credit Cards

Business lines of credit and business credit cards can be effective ways to finance small business operations. And they don’t have to be mutually exclusive; many business owners use both. The products have a number of similarities, including their revolving nature, predetermined borrowing limits and only charging interest on outstanding balances. However, there are differences in the approval process and how they can be used.

While even the best business cards still typically rely on the traditional FICO score to make their approval decision, alternative lenders like Headway Capital will weigh a number of factors in the underwriting decision. You also don’t have to wait nearly as long to access your funds. While it can take weeks to receive your credit card, an online approval decision is made in minutes and, if approved, funds are available the next business day. Additionally, while credit cards can only be used for transactions in which credit cards are accepted, a line of credit can be used to access cash, which in turn can be used for any business expense — including payroll.

What factors into the approval decision?

Headway Capital Line of Credit:

We consider a variety of factors in our underwriting decision

Credit Card:

Primarily dependent on traditional FICO score

When will my funds be available?

Headway Capital Line of Credit:

Funds are available the next business day after approval

Credit Card:

Typically takes a week or longer to receive the card

How can it be used?

Headway Capital Line of Credit:

Can be used as cash for any operating expense

Credit Card:

Limited to vendors that accept credit cards

Apply for a Headway Capital
Line of Credit

At Headway Capital, we offer small business owners a flexible line of credit with no hidden fees. Lines of credit are similar to business credit cards in that they give business owners access to funds whenever they need them. Unlike some business credit cards, we’ll never raise your interest rate retroactively, and you only have to pay interest on what you draw.

Credit Line

Up to $100,000

Repayment Term

12, 18 or 24 months

Payment Frequency

Weekly or monthly

If your business is eligible and you need a line of credit you can rely on, go ahead and see if you qualify with Headway Capital today!

Apply Now

Additional Resources

There are many options available for funding — how do you choose the right one for you and your small business? Explore these topics about small business credit and learn more about funding.

1We always do a soft inquiry unless your credit file is restricted, in which case we would ask you to contact the credit bureau to lift the restriction. Doing so may result in a hard pull.