Explaining Business Lines of Credit and How They Work
What is a Business Line of Credit? A business line of credit (BLC) provides companies with ongoing access to credit. Funds can be withdrawn and paid back at any time. Similar to issuing a credit card, a lender will offer a maximum credit limit to the applicant. Interest is paid on only the credit used […]
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How Does Equipment Financing Work
Buying equipment is one of the most common reasons small business owners seek financing. With an equipment loan, you can acquire anything from desks and furniture for your office to heavy machinery, new equipment in healthcare, construction, printing, packaging, plastics and other approved industry segments without shelling out the full price upfront. But you may […]
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Merchant Cash Advance: What It Is and How It Works
If you own a small business, you are likely no stranger to the funding difficulties that come with the territory. However, there are recent trends in the industry that provide small businesses with viable financing options. A merchant cash advance can provide you with greater flexibility and greater chances of approval than your typical bank […]
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Recent Post
Explaining Business Lines of Credit and How They Work
November 27, 2023
How Does Equipment Financing Work
November 26, 2023