HELOC for Business is a home equity line of credit, secured by your home, that you use for business purposes: buying a business, opening a franchise, launching a startup or funding working capital.

It's built for business purposes, from buying a business or launching a franchise to funding working capital. On its own, it can fund a smaller purchase, franchise or startup entirely through eligible home equity. Alongside other capital, it can combine with a Jumpstart Loan℠, seller financing or another approved funding source. And when a direct Jumpstart loan isn't available or isn't the right structure, it can offer another route to close.

Yes. Beyond the purchase or launch itself, the line can support working capital, such as covering expenses through a slower season or bridging a gap in cash flow. We'll review how you plan to use it when you submit your deal.

HELOC for Business is secured by your home and reviewed around your personal credit, home equity and income. The Jumpstart SMB Acquisition Loan℠ is primarily unsecured and underwritten around the transaction and the buyer. Some deals fit one, and some combine both.

Homeowners with a credit score of 640 or higher (700+ is ideal), enough equity (typically up to 85% combined loan-to-value on a primary residence and up to 75% on a secondary or rental property) and a debt-to-income ratio below 45%. Strong mortgage payment history, limited derogatory credit, stable income and an eligible property in a qualifying state also matter. For a full eligibility review, submit your deal here and connect with a Loan Advisor in our team.

Lines go up to $750,000, depending on your home equity, credit profile and property. Rates and fees depend on your situation, so we'll walk you through the numbers when you submit your deal.

Funds are provided at closing. As you repay principal, you can borrow again within your credit limit for a set period. We'll review how the structure works for your deal.

Funding can happen in 8 to 10 business days. Timing depends on verifying your income, employment and the property, and on how quickly documents come in. Lines under $400,000 don't require an in-person appraisal. We review timing with you early, so you can plan around your deal's timeline.

Availability varies by state and can change. Submit your deal and we'll confirm whether your property's state is eligible.

Because your home secures the line, falling behind on payments could put it at risk, and payments continue whether or not the business performs as planned. Your income and debt-to-income ratio are part of the review, and we talk through the numbers with you early, so you know where you stand before you commit.

We'll tell you early where you stand. If home equity isn't the right fit, we can point you to another lane, such as the Jumpstart SMB Acquisition Loan℠ or Startup Loan℠, or to other options through Jumpstart Marketplace℠.

Submit your deal. A brief conversation reviews structure, eligibility and timing, so you know early whether home equity fits and how it could combine with other capital.