Shows where similar files tend to price. What typically makes a file strong: time in business, revenue stability, credit history, and any financing you already carry. Stronger files price lower in the range. Industry pattern, not a quote.
Estimate only. A partner's written offer controls.
How this estimate works
Actual limits, pricing, and fees are set by independent funding partners and depend on your credit, revenue, time in business, and lender channel. Your line will differ. The ranges shown are industry market data from published sources as of Jul 2026, not OpenQuote pricing. Partner fees, if any, are itemized on the offer itself: ask for all of them in writing.
A line of credit revolves, so you can draw, repay, and redraw. Cost accrues on the drawn balance, currently 43% of the limit, rather than on the full limit. The 12-month carry holds that drawn balance for a full year; a shorter outstanding draw costs less. There is no fixed payment schedule. Market-typical bank annual fee, not OpenQuote pricing. Bank lines charge a flat annual fee and no draw fee. A flat annual fee spread over the drawn balance lifts the effective cost above the headline APR, and lifts it most on a lightly-used line. Figures are approximate; the signed agreement governs.
bank or SBA lines are advertised up to about $500,000, while typical approved limits run from about $16,000 for newer businesses to $73,000 for established ones. The typical drawn balance is about $22,565. Businesses draw about 42% of a line on average, with fixed-rate lines nearer 53% and variable-rate lines nearer 37%. These are industry figures for context, not suggested limits or OpenQuote pricing. The market range for a bank or SBA line of credit runs 7.0% to 16.5% APR, centered near 8.5% (public market data, Jul 2026). Not OpenQuote pricing. Files like this typically land between 7.7% and 9.3% in this channel (industry pattern, not a quote). The 8.5% APR sits right at the market center for a bank or SBA line of credit.
- OnDeck (Enova) transparency disclosure: average line-of-credit APR 56.6% on loans originated in the half-year ending June 30, 2025; no annual, monthly, or draw fees, with cost charged on the drawn balance.
- Enova International Form 10-K (SEC EDGAR): average annualized yield on its small-business line-of-credit accounts 47% (FY2024) and 49% (FY2025), loan sizes $5,000 to $200,000.
- KBRA-rated OnDeck ODAST 2023-1 collateral pool: weighted-average yield 44.4% on a 723 weighted-average FICO revolving pool of term and line-of-credit loans.
- Federal Reserve Bank of Kansas City Small Business Lending Survey: median new line-of-credit pricing near 7% and median credit-line usage about 40% (fixed lines higher, variable lines lower), Q3 to Q4 2025.
- SBA CAPLines and 13 CFR 120.214: revolving-line spreads over prime that place the SBA sub-band near 9.75% to 13.25% at a 6.75% prime rate.
- Wells Fargo BusinessLine and peer bank pages: advertised bank lines from Prime plus 1.75% to Prime plus 9.75%, with a flat annual fee of about $95 to $200 and no draw fee; fintech draw fees of about 2% to 3% per draw.
Educational market data with full citations on file in substantiation/loc-pricing-2026-07.md. Not OpenQuote partner pricing, and not a quote.