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Line of Credit versus Business Loan

A line of credit and a small business loan can be handy options to have when managing a company, depending on its financial situation and your individual requirements.

Job or Security Clearance Troubles Due to Bad Credit

Credit scores are a very important aspect of your life, considering that yours affects your personal finances in many different ways.

Interpretation of Business Net Working Capital

A company’s working capital (WC) can be negative or positive. A negative figure is usually a sign of financial distress and perhaps that of imminent insolvency.

Interest Rates and Terms for Revolving Lines of Credit

Revolving lines of credit are convenient for those looking for a reliable source of funding.

How to Get a Line of Credit?

Personal LOCs usually come with lower interest rates than credit cards. This for many people makes them a better choice for borrowing.

How Large Must Be the Line of Credit you Apply for?

With an increase in the line of credit, a borrower poses a greater risk to their lender. That means it is best to make sure you keep the requested amount to a realistic level, according to the needs that may arise.

How Do you Pay Back a Home Equity Line of Credit?

A home equity line of credit operates like a bank credit card in that you get to draw from it up to a limit. Usually, you only need to pay for interest in the drawing period.

How Do you Calculate Working Capital?

Many people lack the knowledge to calculate their business’s working capital (WC) on the balance sheet. Knowing the working capital formula is half the job; you need to know many other things aside from that.

How Did More Short-Term Loan Providers Emerge in the US?

Short-term loans are one of the best forms of debt financing. Online lenders offer short-term loans, which have to be repaid in addition to fees and interest, inside three to eighteen months.

Downsides to Equipment Financing

Equipment financing comes with many upsides; in fact, there are so many that people often tend to overlook many of the disadvantages it carries almost as a rule.