business HELOC

Put Your Home Equity to Work for Your Business

A business-purpose home equity line of credit, matched through LendNav and our home equity lending partner. See what you qualify for with a soft credit check.

Lines from $25,000 up to $750,000¹
10, 15, 20, or 30 year terms, no prepayment penalty¹
Funding in as few as 5 days after approval²

See My Options 4.7 Excellent on Trustpilot

Checking your options will not affect your credit score.³

Example

Great news, Maria.

You prequalify for up to

$200,000

Amount$150,000

Choose your term

10 yr15 yr20 yr30 yr

Soft credit checkNo impact to your credit score

Repay and redrawDraw again as you pay it down

Continue

100% online applicationSoft credit check only³Repay and redraw

what's it for?

I want to use my home equity for...

Pick one to start. We will carry your answer into the questionnaire.

Working capitalCover payroll, inventory, and cash flow gaps.Start here EquipmentBuy or upgrade the equipment your business runs on.Start here ExpansionOpen a new location or grow the one you have.Start here Buying a businessFund an acquisition or buy out a partner.Start here Business debtPay off higher-cost business debt.Start here Something elseAny other business purpose. Tell us what you need.Start here

What is a business HELOC?

It is a line of credit secured by your home and used for your business. You get the full amount at closing, pay it down over a fixed term, and can draw again as you repay.

Because it is backed by real estate, it can mean longer terms and lower payments than many unsecured business loans, and your current mortgage stays exactly as it is.

To qualify, you will typically need

Equity built up in your home
A solid credit score and payment history
A manageable debt-to-income ratio
Income you can verify online
A business purpose for the funds

Example

Your application

Questionnaire

Soft credit check

Offer selected

Verify income online

E-sign and notary

Funded

How it works

1
Complete a 5-minute questionnaire
Tell us about your business, your home, and what you need. Checking your options will not affect your credit score.³
2
Get approved and funded
A LendNav specialist walks you through your offers. Verify your income online, e-sign, and close with a notary, online in most areas. Funding in as few as 5 days.²
3
Repay and redraw
As you pay down your balance, you can draw again up to your credit limit during the draw period.¹

See My Options

estimate

How much equity could you access?

Enter your home's value and what you owe. This is a rough estimate based on borrowing up to 80% of your home's value, minus your current mortgage. Your actual amount depends on your credit, income, and the lender's valuation.⁴

Estimated home valueMortgage balance

You could access up to about$230,000

See My Real Options

FAQ

Questions business owners ask

How much can I get?

Lines range from $25,000 to $750,000. Your amount depends on your home's value, what you owe on it, your credit, and your verified income.¹

Will checking my options hurt my credit?

No. Seeing what you prequalify for uses a soft credit inquiry, which does not affect your score. A hard inquiry happens only if you choose an offer and continue with a full application.³

What can I use the money for?

Business purposes only, such as working capital, equipment, inventory, expansion, buying a business, or paying off business debt. It cannot be used for personal, family, or household expenses, and you will be asked to confirm the business purpose in writing.

What kinds of homes qualify?

Most single-family homes, townhomes, condos, and planned unit developments qualify, along with some small multi-unit properties. Eligibility can vary by state and by whether you live in the home.

How fast can I get funded?

Many applicants are funded in as few as 5 days after approval. Timing depends on verification, your property, and how closing is handled in your county.²

Does LendNav charge me a fee to check my options?

No. There is no cost to complete the questionnaire or see your options. Any loan costs are disclosed by the lender before you accept an offer.

Is my home at risk?

A HELOC is secured by your home. If you do not repay, you could lose your home. We recommend borrowing only what your business can comfortably repay.

See what your home equity can do for your business

Five minutes, a soft credit check, and a LendNav specialist who calls you with real options.

See My Options or call (914) 712-6669

1. Loan amounts, terms, and fees depend on credit profile, property value, existing liens, verified income, and the state where the property is located. Not all applicants will qualify for the maximum amount. Loans over $400,000 require a full appraisal.

2. Approval is subject to verification of identity, income, and employment, and to a property condition review. Funding in as few as 5 days assumes closing with a remote online notary. Timelines may be longer for properties in counties that do not permit electronic recording or that require an in-person closing.

3. Prequalification uses a soft credit inquiry that does not affect your credit score. Continuing to a full application requires a hard credit inquiry, which may affect your score.

4. The estimate is for illustration only and is not an offer or a commitment to lend. It assumes a combined loan-to-value of 80%, is capped at $750,000, and does not reflect your credit, income, property type, lien position, or state. Your actual amount is determined by the lender during underwriting.

This product is for business purposes only. A home equity line of credit requires you to pledge your home as collateral, and you could lose your home if you fail to repay. LendNav LLC is a lending marketplace and does not itself extend credit for home equity products. All loans are made by our lending partner and are subject to underwriting approval, verification, property valuation, title review, and program eligibility. Products and terms are not available in all states or for all property types and may change without notice.