What is a business line of credit?

Answer Businesses often require quick access to credit for emergency situations, unexpected operational costs and for purchasing inventory or supplies in bulk in order to take advantage of lower prices. F... Read More »

Top Q&A For: What is a business line of credit

How to Apply for a Business Line of Credit?

The difference between a business loan and a business line of credit is one of flexibility. A business loan gives you a set amount of money for a specific purchase, which you pay back according to ... Read More »

How many points can a broker charge on a business line of credit?

Brokers may charge from 0 to 2 points or higher on a business line of credit depending on the risk involved in the loan and complexity of arranging the loan.SourceNet Prop USABusiness Money Today

Should I Apply for a Separate Line of Credit for Business Purposes?

There is no better way to ruin a good night’s sleep or a relaxing book than to have to endure all of the noises coming through your bedroom door from the rest of the house. You can block these no... Read More »

What is Home Equity Credit Line of Credit (HELOC), whst is the advantage and disadvantage of that?

A Home Equity Line of Credit is a line of credit based on the precentage of your home you have already paid for. For Ex. you have a loan for $100,000 and you have paid 30,000 of it off and owe $70... Read More »