Check your business and personal credit scores
Make sure your business is registered and in good standing
Gather financial documents, including tax returns, bank statements, and profit and loss statements
Prepare a business plan and revenue projections
Reduce existing debt and improve cash flow
Compare lenders, including banks, credit unions, and online lenders
Review lender requirements for time in business, revenue, and credit score
Complete the application with accurate business and owner information
Submit required documents and authorize a credit check
Respond quickly to any lender follow-up requests
Review the credit limit, interest rate, fees, and repayment terms
Accept the offer and use the line of credit responsibly
Make payments on time to maintain and improve your credit standing