Grow Financial Federal Credit Union
"Financing Your Business" text over image of a woman sitting at a laptop holding a credit card
August 12, 2022

Comparing Our Business Credit Card and Business Line Of Credit 

We’re here to help small business owners get the financing they need, always with competitive rates and low fees. One thing every business owner needs? Cash flow. We offer both a business credit card and a Business Line of Credit designed to provide short-term cash. Let’s compare both financing options so you can find what’s right for your business.

Grow Visa Business Rewards Credit Card*

When you’re running a business, you conduct a lot of transactions. How about a business credit card that gives you rewards on those transactions? That’s a primary benefit of our Grow Visa® Business Rewards Credit Card, which is a top choice for a combination of value and convenience. You’ll enjoy:

  • Low APR
  • Zero Balance Transfer Fees
  • Zero Annual Fee

The business credit card is a great choice for everyday cash flow regardless of how long you’ve been in business. Is your business new? That’s not a problem because to qualify, we primarily consider your personal credit score, so you don’t need to have been in business for very long to be eligible.

Business Line of Credit

If you want short-term cash but need a higher credit limit, a Business Line of Credit might be the best choice. You can use it as a revolving source of funds, just like a credit card, but there’s added flexibility: transfer funds between your accounts and withdraw funds without it being considered a cash advance. Business Lines of Credit are available unsecured with limits up to $100,000 for well-established businesses. We can also customize a Business Line of Credit that’s secured by savings or real estate.

Ready to get started?

If you need short-term cash flow, we’d be happy to talk with you about a business credit card or a Business Line of Credit to meet your financing needs.


Subject to credit approval.
*Annual Percentage Rate (APR). Introductory rate as low as 1.99% to 8.99% APR for the first six billing cycles. on purchases and balance transfers. After the introductory period expires, your standard APR will range between 12.49% to 17.24% for purchases and balance transfers. The rate you receive will be based on your creditworthiness. Standard rates are variable and will vary with the market based on Prime Rate as published in the Wall Street Journal “Money Rates” table on the last day of each calendar month. The APR will not exceed 18.00%. If the minimum monthly payment is 60 days late twice in a 12-month period, the rate will revert to a default rate of 18.00% for six (6) billing cycles. Other APRs: Cash Advances 18.00%, Overdraft to Share Account 18.00%. A finance charge of 1.00% will be charged on foreign transactions. Rates are effective as of 08/16/2022 and may change without notice.

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