During the Draw Phase, you can access funds up to your available limit. Repayments are made every 14 days and calculated as a percentage of your outstanding balance.

When the Repayment Phase begins, you stop making new draws and simply continue with one regular repayment every 14 days. Your balance is paid down in equal installments of principal and interest over the remaining term. If you’d like ongoing access to capital, you’ll also have the option to renew your line of credit and keep borrowing as your business grows.