Business Line of Credit
Fund your path forward with financing on demand.
Financing at your fingertips ready to work for you, whenever you need it. From $10K up to $500K1 in as little as 24 hours2.
The only true Line of Credit
custom-built for small businesses.
Pay only for
what you use
Take as much as you need, as often as you like. You’ll only be charged interest on what you borrow, and you can feel confident knowing that you’ll always have funds when you need them.
Instant funding
on withdrawals
Receive your funds in real-time 24/7 via Interac e-Transfer®4. Withdraw as little as $500 right up to your approved limit with a few simple clicks.
Effortless
repayment
We’re all about keeping it simple. Enjoy the ease of a single consolidated weekly repayment, no matter how many times you withdraw funds. We set up automatic repayments on the weekday of your choosing so you have one less thing to worry about.
Repay your way with flexible
repayment options.
Fixed repayment
The best option if you prefer the predictability of a fixed, weekly payment. Anytime you draw funds your balance will be consolidated into new fixed weekly repayment amount. That amount will automatically be debited from your business bank account on the weekday of your choosing, because you have more important things to do.
Variable repayment
The best option if you prefer to pay down your principal balance faster and save on interest. Your payments are broken down into a percentage of your principal plus interest every week, decreasing over time. Your weekly repayment amount will automatically be debited from your business bank account on the weekday of your choosing, so you have one less thing to worry about.
Stay ready with a Business line of credit.
Put your line of credit to work for a variety of short-term business needs and keep things moving in the right direction.
Repairs
Inventory
Cash flow
Payroll
Minor expenses
Minor renovations
Funding your path forward is simple.
1
Apply online
Complete our online application to find out how much you qualify for. Applying is 100% risk free. There is no obligation to continue and applying will not affect your credit score.
2
Fast funding
Get up to $500,0001 in as little as 24 hours2,3. Your funds are deposited directly into your business bank and ready to use to move your business forward.
3
Automated repayments
We’re all about keeping things simple so we setup convenient automatic repayments for you. Choose from daily or weekly, whatever suits you best.
Business Line of Credit FAQ
A Business Line of Credit gives you flexible access to capital. You draw funds as needed, repay over time, and reuse the credit line as you pay it down.
It’s ideal for managing cash flow, handling unexpected expenses, or purchasing inventory. If your business has regular short-term financing needs, a line of credit offers flexibility.
To qualify, most businesses need to show at least 6 to 12 months of operating history and a minimum annual revenue of $120,000. Credit score requirements may vary, but Journey Capital also considers your business’s cash flow and overall health, not just your credit score.
Log into your Journey Capital MyPortal dashboard and request a draw. Approved funds are usually deposited within one business day.
Fixed repayment means you repay your draw in regular daily or weekly installments with a set repayment amount.
Unlike credit cards, a line of credit typically offers lower interest rates, higher limits, and more flexibility for larger business purchases.
A term loan gives you a lump sum with fixed repayment, while a Business Line of Credit is revolving; you borrow only what you need, when you need it. Learn more about our Business Term Loan.
Flex Funds Advances are repaid through a portion of your sales, while a line of credit is repaid on a schedule. A line of credit offers more control and reusability. Learn more about our Flex Funds Advance.
You’ll typically need to provide basic business information and recent bank statements. The process is quick and 100% online.
Trusted by thousands of Canadian business owners just like you.
Funding subject to lender approval.
1 Financing above $300,000 may require additional security as collateral and are subject to additional approvals.
2 On average, file processing can take 24-72 hours.
3 On average, funds are transferred within 24 hours upon receipt of an accepted financing contract.
4 Based on ordinary processing times, if you confirm your draw before 16:00 EST, you should receive your funds by midnight EST. If confirmed after 16:00 EST or on a weekend or holiday, you should receive your funds by midnight of the next available business day.