business line of credit (2)

What is a Business Line of Credit?

When you have a business line of credit, you can borrow a certain amount of capital annually, just as with personal credit. You make payments only on the credit you've actually used. This can help you manage cash flow shortages or cover surprise cost...

Charles Faucett · 27 December 2023 · 1

Getting a Business Line of Credit

If your business has not yet established a credit history, you may be interested in getting a business line of credit. But before you apply for one, be sure to examine your personal credit rating as well. This is important if you are a sole proprietor or have just started your business. Before applying for a business line of credit, take some time...

Andrew Paul · 15 October 2022 · 1