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Loans for the Expected and the Unexpected

When it comes to managing cash flow gaps, unexpected expenses, emergencies, working capital or new growth, a Business or Checking Line of Credit can help you better navigate the needs of a small business owner.

  • Unexpected Expenses
  • Working Capital

Secured Business Line of Credit

Need help managing working capital, operating expenses, cash flow or payroll? Our secured Business Line of Credit (BLOC) offers an ideal solution.1 Different than a term loan, BLOCs are flexible, allowing you to use funds as needed rather than receiving a lump sum—meaning interest is only paid on credit used.

Start an Application


  • Revolving line of credit for operational purposes
  • Line amounts starting at $35,000
  • Variable rate tied to Prime1
  • Must be secured2
  • Fees apply3

Best For:

  • Established businesses
  • Bridging cash flow gaps
  • Business growth
  • Unexpected expenses
  • Other operational purposes4
  • Businesses with annual sales of at least $100,000+

What You'll Need to Apply:

BLOC requests must be discussed with a lending representative before applying.

  • Completed and signed business loan application
  • Business tax returns under existing ownership (most recent 2 years)
  • Business plan may be required
  • Personal tax returns for all owners/guarantors (most recent 2 years)
  • Financial Statements (Balance Sheet, Profit and Loss, A/R A/P Aging Report, Debt Schedule)
  • Personal Financial Statement for all owners/guarantors pdf
  • Proof of collateral
  • Additional documentation may be required
  • Personal guarantee
  • Personal credit check

Checking Line of Credit

Get peace of mind with a Checking Line of Credit (CLOC),1 which protects your checking account from overdrafts and per-item overdraft fees.

Start an Application


  • Assigned limits of $500, $1,000 or $5,000
  • APR: 17.90%


  • $50 annual fee5

Best For:

  • Overdraft protection of business checking account
  • Offsetting short-term cash needs

What You'll Need to Apply:

  • Completed and signed business loan application
  • Personal guarantee
  • Personal credit check

Ready to Apply?

To be eligible for Business Solutions offerings, business owners must first be members of Navy Federal Credit UnionAlready a Navy Federal member, but not yet a business member?

Join Todayto become a Business Solutions member.

Already a business member and ready to apply for a line of credit?

Secured Business Line of Credit

  • Call 1-877-418-1462, 9 am to 5 pm, Mon.-Fri., ET and request to be connected with a business lending representative.


Checking Line of Credit

  • For Single-Owner Businesses: Begin the application process by signing in to our secure portal using your Navy Federal personal credentials.
  • For Multi-Owner Businesses: Complete the application form and beneficial owner form (if required). Print them out and sign with a pen (digital signatures aren’t accepted). Then scan the signed document(s) and submit online.

    You'll receive an update approximately 7-10 business days after you've submitted your request.


Note: If you’re a Navy Federal employee applying for business credit, you must contact Business Solutions by calling 1-877-418-1462 to apply.



A business line of credit (BLOC) is a credit product, and rates are based on creditworthiness and will vary with the market based on The Wall Street Journal Prime Rate. A business checking line of credit (CLOC) is a credit product with a fixed rate of 17.9% APR. CLOC repayment terms are 2% of the outstanding balance or $20, whichever is greater, and the total outstanding balance will be due when it is less than $20.


Eligible collateral may include: accounts receivable (up to 80% of qualified receivables and requires an all business assets lien); inventory (with advance rates determined by underwriting); and qualified real estate (with Navy Federal in first lien position).


Fees include: Annual fee of $325 for equity up to $100,000; 0.5% origination fee for limits greater than $100,000; lien search and recording fees may apply.


Not to be used for real estate ventures.


The initial $50 annual fee is assessed with the first statement.