A line of credit gives your business flexible access to funds whenever you need them—perfect for managing cash flow, covering unexpected expenses, or seizing new opportunities. Unlike a traditional loan, you only pay interest on what you use, not the full amount approved.
Interest-Only Bankroll Revolving Lines of Credit
A business line of credit is a pre-approved pool of working capital designed to be there when you need it. Unlike a lump-sum loan, it allows you to draw funds in portions, paying interest only on the money you use. It’s ideal for managing unpredictable cash flow and handling urgent expenses.
You’ve got bold goals for your business—but sometimes, the missing piece is fast, flexible funding. Whether you’re upgrading your space, purchasing new equipment, expanding locations, or launching a new initiative, Charco makes sure you’re ready. Our business line of credit gives you access to up to $750,000, with the freedom to draw funds as needed and only pay for what you actually use. Initial approvals can happen in as little as 24 to 48 hours, and you’ll have access to up to five individual draws over the next six months.
Even if you don’t need capital today, having a line of credit in place is a smart move. Business owners know that opportunities—and challenges—can appear out of nowhere. With committed capital ready when you need it, you can act fast and stay in control.
Designed with today’s business owner in mind, BANKROLL gives you instant access to capital—whenever you need it—without putting pressure on your cash flow. With approvals up to $1,000,000, fixed loan terms up to 36 months, and predictable weekly payments, it offers the freedom to borrow and repay on your own terms—again and again.
You stay in control: choose when to draw funds, how much to take, and how long you want to keep the line open. Whether your business needs shift month to month or season to season, BANKROLL adapts right along with you. And if you’re ready to pay it off early? No penalties, ever.
Charco’s Interest-Only Revolving Line of Credit—IO-Bankroll—gives your business the financial flexibility to take on whatever comes next. Whether you’re expanding locations, upgrading equipment, covering rising labor costs, or investing in innovation, this credit line is built to support your growth. With low interest-only payments for up to 12 months, approval amounts up to $1 million, and funding decisions in just 24 to 48 hours, IO-Bankroll puts serious power at your fingertips.
You’ll have 11 months to borrow and repay as often as needed, plus fixed repayment terms up to 3 years—making this a smart, scalable option for driving long-term success.
- Loan amounts are available from $5,000 to $750,000 with repayment terms up to 36 months
- Lock in your best rate for the next 6 months with a minimum first draft of only $10,000
- Access funds whenever you need them and repay with low, fixed weekly payments. Unlike a cash advance, our line of credit is a true bank loan - your repayment is not based on daily credit sales, giving you more stability and control
- Revolving Line of credit approvals up to $1,500,000
- Max amortizing term up to 36 months with fixed weekly payments
- A revolving period of up to 1 year (52 weeks)
- Unlimited draws or paydowns of $5,000 or more during the revolving period
- Every payment made and partial principal paydown frees up line availability
- Closing points only charged on cash out
- Approvals from $200,000 to $1,000,000 in 24 to 48 hours
- Minimum initial draw of 25% of the line's approval
- Pay only on the interest on your outstanding balance for up to a year
- Revolving period of up to 48 weeks
- Receive repayment terms up to 3 years with low, fixed payments
- Unlimited draws or paydowns of $10,000 or more during the revolving period
ALL PRODUCTS CAN BE COMBINED WITH OUR FLEX PLAY LOAN WHERE YOU CAN DEFER UP TO 50% OF THE PRINCIPAL INTO THE FUTURE FOR MORE AFFORDABLE PAYMENTS NOW
THE INTEREST YOU PAY ON ALL AVAILABLE PRODUCTS ARE TAX DEDUCTIBLE, FURTHER LOWERING YOUR COST OF FUNDS, WITH EARLY PAYOFF OPTIONS AVAILABLE
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