Business Line of Credit

Ongoing projects, meet always-ready credit.

Business Line of Credit 101

For unpredictable projects, a business line of credit means you borrow once, then take what you need when you need it. It’s a great fit for big to-do’s like renovations or rebranding. A line of credit can even function as a low-risk way to cover bills, payroll, and other operating costs during cash flow gaps.

More flexibility for every what-if.
Apply for anywhere from $5K to $40K and tackle what’s next with newfound confidence. With a business line of credit, you’ll only pay interest on what you use, not the full amount you’re approved to borrow. So you’re never on the hook for the money you didn’t really need in the first place, but you (and your bottom line) are always ready for what the day, week, or month brings.

Business Line of Credit Benefits

Let’s team up

Our business services team is here to support you and everything you do. Anytime you need to talk shop, reach out directly to us at 931.436.9088 or email us at businessservices@forteracu.com.


We travel for business

On the road or at the conference, keep your money close with our mobile app and online banking.

Your network just got bigger

Our business members enjoy access to credit union branches and ATMs all around the world — surcharge-free. Learn more about how to find a Fortera-friendly credit union near you.

Goal setting made simple

Our skilled experts are easy to reach and happy to help. For members and non-members alike, meetings and consultations are always free, so make the most of your money, on us.

Rest easy

With us, your money is always protected and insured by the National Credit Union Administration. You’re covered on all deposits up to $250,000, so save away.

Statements that save

....Trees, space, and worry. Always enjoy access to 18 months worth of e-statements. Keep more trees, toss your file cabinet, and know your info is always safe and sound.

One year of possibilities

Once you’re approved, your term will be revolving with a one-year initial draw period. You must make one advance annually, or your line of credit will be closed.

Cash within reach

You can access your line of credit funds by using your debit card at an ATM, or by writing a check.

Apply for free

You’ve got enough on your plate. That’s why our business loan applications are always free.

Easy pay, easy go

When you set up Auto Bill Pay in online banking, you can make payments from wherever you are. So set that out-of-office and take a break. You’ve earned it.

Get going

From flipping houses to fixing up the shop to making payroll, a business line of credit can cover you. Schedule a meeting with us and apply today.

Take our card. If you're creative and courageous, you're our kind of person.

  • Phone: 931.431.6800
  • Email: businessservices@forteracu.com

SBA Paycheck Protection Program

What you need to know

As part of an end-of-year pandemic relief package, Congress has passed several changes to the Paycheck Protection Program (PPP) and created a “Second Draw” PPP for small businesses who have exhausted their initial loan.

If you are a Fortera Business Member and need help during covid-19, please call us and we will help you navigate and overcome these challenges.

Small Business Resources

Applications for Fortera Business Members
Paycheck Protection Program Borrower Application
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Paycheck Protection Program Second Draw Borrower Application Form
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Application Checklist
View PDF

Need a hand?

That's what we are here for. Give us a call and let's chat face-to-face.

What is a Business Line of Credit (BLOC)?
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A Business Line of Credit (often abbreviated to BLOC) is a loan that functions similarly to a credit card (sans plastic.) You apply for a certain amount of funds and once you’re approved for a total amount to borrow, you’ll make advances (aka withdrawals) up to that amount whenever you want — zero fees or additional approval required. It helps to think about a BLOC like a lifeline that you tug on when you need a little bit of extra support. Just tug on the line and make withdrawals that work for you. This means you are only borrowing the money you need to complete a project, not one giant lump sum like a traditional loan.

Is the Business Line of Credit a secured or unsecured loan?
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The Business Line of Credit is an unsecured loan.

What is the difference between a Business Essential Loan and a Business Line of Credit?
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The two biggest differences between a Business Essential Loan and a Business Line of Credit are the types of interest rates for each loan and how one receives their funds. Business Essential Loans are fixed-rate loans and they are given in one large lump sum. A Business Line of Credit is a variable rate loan and business members receive access to a line of credit. You can borrow as much as you need without having to commit to a large lump sum.

What would I use the Business Line of Credit for?
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This loan is great for projects that don't have a fixed price. If you are remodeling a lobby, paving a parking lot, or even covering a gap in income, etc. this is a great option for you. It allows you the flexibility to borrow what you need instead of requiring you to borrow a larger sum.

Can I make additional payments on the Business Line of Credit?
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Yes! You can make additional payments on all Fortera Loans.

How much funding can I get with a Business Line of Credit?
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You can get anywhere between $5,000 - $40,000 in funding.

What documents do I need to apply for a Business Line of Credit?
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To verify your identity, we always ask that you come prepared with a government-issued ID. It is important that it is not expired. Examples of acceptable IDs include a State Driver's License or a U.S or Foreign Passport. If we have trouble validating your ID, we may ask for a secondary ID. If you have a question about whether or not an ID can be used, just text us at 931.431.6800 or chat with us at forteracu.com. Please click here for full list of the documents you will need.

Can I apply for a Business Line of Credit online or do I need to apply for it at a branch location?
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You do need to call us or come into a branch to open this account. We are working toward having easy online applications soon. In the meantime, please call us at 931.431.6800, email us at businessservices@forteracu.com, or schedule an appointment to open an account.

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Business Essential & Gold Checking

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What's New

Nitty, gritty, and super important.

Fine print is your friend. When you have a minute, give these a good read:
Business Member Service Agreement
View PDF
Privacy Policy
View PDF
Business Rate and Fee Disclosure
View PDF