Category Archives: Line of Credit

3 Feasible Alternatives to Business Overdrafts

Business overdrafts offer one of the easiest ways to access some quick cash for working capital or other business needs. […]

5 Types of Working Capital Loans

Working capital loan refers to a type of business funding that helps a business owner take care of the day-to-day […]

A Quick Look at Equipment Secured Lending

Equipment secured lending, equipment-based financing, or asset-based lending is a form of sourcing funds for a business that is secured […]

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Why you Should Monitor your Business’ Credit Reports

Business credit reports work just like the credit score of an individual. This means that they are also subject to […]

A Quick Look at Equipment Secured Lending

Equipment secured lending, equipment-based financing, or asset-based lending is a form of sourcing funds for a business that is secured […]

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Loan Default and Practical Measures to Avoid it

Loan default is the state when the borrower fails to repay the loan amount as per the agreed terms and […]

Which is Better: Line of Credit or Term Loan? Pt 2

Which is Better? Depending on the current financial situation of your business and your future needs, one may be better […]

Which is Better: Line of Credit or Term Loan? Pt 1

When it comes to capital for your business, there are a few ways of going about that. When you go […]

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The Difference between Revolving Credit and Line of Credit Pt 2

Usually, the best option for a customer/cardholder is to write a check for the full invoice amount, in order to […]

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The Difference between Revolving Credit and Line of Credit Pt 1

Revolving credit and lines of credit are both financing arrangements made between persons or businesses, and money-lending establishments. The lender […]