Why is it so hard to get a credit line increase?

As a business owner, it can be difficult to get a credit line increase. If your business credit score or financial situation hasn’t improved, then a lender is unlikely to honor a request for a credit line increase. 

How can I raise my credit limit without asking?

In some cases, lenders will raise your credit limit without asking. Typically, this happens after making on-time payments consistently for an extended period of time. 

How long does it take to increase a business line of credit?

If approved, you might see your business line of credit increased immediately. 

About the Author

Sarah Sharkey

Sarah Sharkey

Personal Finance Writer

Sarah Sharkey is a personal finance writer who enjoys helping people make better financial decisions.

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