Direct-lender LOC for businesses with under 2 years in operation
Get started at Headway Capital → Pre-qualify (where available) with a soft credit pull — no score impact.
ClearValue Rating: 4.2 / 5 — our editorial assessment (how we rate)
Editorial confidence (30%), cost (25%), value (25%), accessibility (20%) — scored consistently across every product, independent of compensation.
Newer businesses 6–24 months TIB needing $5K–$100K fast
Headway Capital Line of Credit — Direct-lender LOC for businesses with under 2 years in operation Best for: Newer businesses 6–24 months TIB needing $5K–$100K fast. Compare it against alternatives before applying; the right fit depends on your situation, credit, and goals.
Bank LOCs underwrite to conservative regulatory-capital standards that require documented profitability — usually 2+ years of tax returns. Non-bank lenders like Headway Capital (an Enova International subsidiary) operate under different capital requirements that allow them to price for higher risk on shorter operating histories, reflected in rates above bank-tier pricing. The tradeoff is accessibility versus cost.
Headway Capital typically funds within 3–7 business days from approval — significantly faster than the 15–30 day bank LOC timeline. The faster speed reflects a lighter documentation process and automated underwriting rather than bank-style committee review.
Headway Capital is a direct lender — it originates, funds, and services its own lines of credit rather than brokering applications to third-party lenders. Being a direct lender means you deal with one company through the full process, and terms are set by Headway rather than a matching marketplace.
Headway Capital's published eligibility criteria include a 625+ personal FICO score, at least 6 months of business operating history, and approximately $100,000 or more in annual revenue — as listed in the product data. The 6-month TIB minimum is the primary competitive advantage versus bank LOCs requiring 2+ years. Headway Capital is a subsidiary of Enova International, a publicly traded specialty finance company. ClearValue Lending routes qualifying applicants to their single best-fit lending partner.
How we rate
Every pick gets a 1–5 ClearValue Rating computed from four weighted factors: Editorial confidence (30%), Cost (25%), Value (25%), and Accessibility (20%).
Scored consistently across every product and independent of any compensation. Full methodology →
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