HELOC For Business Purpose
Start or grow your business without touching your low-rate first mortgage with a business HELOC.
Instant
pre-approval
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What is a HELOC Like With BITX Capital?
Home Equity Line of Credit (HELOC) — reimagined for entrepreneurs.
A business HELOC is a revolving line of credit secured by your home’s equity. With a HELOC from BITX Capital, you tap into the equity you’ve built — without touching your low-interest first mortgage — and unlock access to flexible capital exactly when you need it.
Just like a credit card, but with far lower rates and backed by your home, a HELOC gives you the freedom to draw funds, repay, and draw again as your business needs evolve.
Why business owners choose a HELOC
Flexibility when you need it most
Borrow what you need, when you need it. Use your line for startup expenses, working capital, new inventory, emergency repairs, or business expansion.
Draw, repay, and redraw. As you repay the borrowed amount, those funds become available again — giving you a reusable source of capital.
Lower rates than unsecured credit. Because your home backs the loan, interest rates tend to be much lower compared to credit cards or other business loans.
Avoid diluting ownership. Instead of giving up equity in your business, you borrow against your home — so you retain full control of your company while funding growth.
Speed and simplicity — built for busy entrepreneurs
Apply 100% online. No need for in-person visits or time-consuming paperwork. Just submit digital documentation.
Fast funding. Qualified borrowers can see funds in as little as five business days.
Substantial credit lines. Depending on your home equity and approval, you could unlock up to hundreds of thousands — enough to cover major business investments or refinance high-interest business debt.
Loan Amounts
$15k to $750k
Loan Term
Revolving
Interest Rates
Lowest Rate: 6.3%
Speed
7 days
How A HELOC Works Step by Step
1. Pre-qualify online with no impact to your credit score
Start with a quick online form. We’ll show potential loan options — instantly.
2. Upload property and income documents digitally
No in-person appraisal needed for many loans — just submit paperwork from your computer or phone.
3. Get approved — sometimes within minutes
Once verified, you’re approved for a line of credit ready to use.
4. Draw funds, repay, and draw again as needed
Take out only what you need. Pay back what you borrow — then if new opportunities arise, tap again.
Smart Ways Businesses Use a HELOC
Start or Expand Your Business:
Use your HELOC to fund operations, hire employees, launch marketing campaigns, or scale production — all without giving up equity in your business.
Refinance High-Interest Debt:
Replace costly credit cards, merchant cash advances, or short-term loans. Lower your monthly interest and improve cash flow with a HELOC.
Take On New Opportunities
Act fast on contracts, purchase inventory, or invest in equipment. A HELOC gives you the flexibility to seize business opportunities without waiting for revenue or investors.
Why Bitx
A Fast, Digital Application Designed for
Business Owners
Getting started is a seamless online process that begins with pre-qualification, allowing you to check your eligibility without any impact on your credit score.
Once pre-qualified, you simply upload your necessary income and property documents to move into the review phase.
After your application is officially approved, you gain full access to your funds, giving you the flexibility to draw and use them for any purpose you choose.
A large number of loan options to suit your needs.
An extensive network of lenders for you to choose from.
Various kinds of short term, mid term, and long term loans.
Personal and commercial loans.
A lifetime connection with our customers that’s built on trust.
A rigorous internal process so you can leave the loan searching to us and focus on what truly matters to you.
Is a HELOC Right for Your Business?
If you want to grow or start a business — but don’t want to give up equity, go through stock dilution, or wait weeks for loan approval — a HELOC with BITX Capital gives you speed, flexibility, and control.
It works especially well if:
You already own a home with equity, and you’re maintaining a low-interest first mortgage.
You need access to significant capital quickly.
You want to refinance high-interest business debt.
Your business has unpredictable cash flow but you expect growth.
You value flexibility and want borrowing capacity on standby.
BitX is bonded and insured
We are backed by cybersecurity, protecting you against any mishap. You can trust us with your data; we’ve got it encrypted.
BitX comes from experience
The staff assisting you throughout is well-trained and grounded in the best banking practices. BitX has, after all, emerged from problems as a solution.
HELOC vs Other Business Funding Options
HELOC (BITX Capital)
Typical Rates: Low (home-secured)
Borrowing Limits: High ($15k–$750k+)
Repayment Flexibility: Draw → Repay → Draw again
Speed: Fast digital close
Tax-Deductible? Sometimes*
First Mortgage Impact: None
Business Credit Cards
Typical Rates: High (18–29%)
Borrowing Limits: Low to Medium
Repayment Flexibility: Fixed minimum payments
Speed: Instant access
Tax-Deductible? No
First Mortgage Impact: N/A
Merchant Cash Advances
Short-Term Loans
Typical Rates: Very High (30–90% APR equivalent)
Borrowing Limits: Medium
Repayment Flexibility: Daily or weekly payments
Speed: Fast funding
Tax-Deductible? No
First Mortgage Impact: N/A
*Tax deductibility depends on usage and individual tax circumstances. Consult a tax professional.
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Talk to a rep at 203-763-1430
Mon-Sat 8am – 6pm EST
Frequently Asked Questions: Business HELOC
Key Eligibility Requirements
- Sufficient home equity (e.g., 80% combined loan-to-value or less).
- A minimum FICO credit score (e.g., typically 600 or higher).
- Verifiable income and a manageable 50% debt-to-income (DTI) ratio (business income may be considered).
- Ownership of an eligible property type (primary residence, second home, investment property, etc., but not typically co-ops or manufactured homes).
Yes. BITX Capital’s HELOC sits as a second lien, letting you preserve your existing mortgage rate.
Loan amounts depend on your home’s value, existing mortgage balance, and credit profile. Many borrowers qualify for substantial lines.
Qualified borrowers may see funds in as little as five business days.
No. Borrow only what you need and redraw as your business requires.
Rates are typically lower than unsecured business credit. They may be fixed or variable depending on your HELOC product.
Alabama, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Illinois, Florida, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Washington, Wisconsin, Wyoming