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  2. Revolving credit - Wikipedia

    en.wikipedia.org/wiki/Revolving_credit

    A revolving loan is a particularly flexible financing tool as it may be drawn by a borrower by way of straightforward loans, but it is also possible to incorporate different types of financial accommodation within it – for example, it is possible to incorporate a letter of credit, a swingline (that is, a short-term borrowing that is funded on ...

  3. What you need to know about short-term loans - AOL

    www.aol.com/finance/know-short-term-loans...

    Car title loans: Another type of short-term lending, a car title loan, allows the borrower to use their vehicle as collateral as long as it’s owned outright. These loans usually allow you to ...

  4. How interest rate changes affect debt - AOL

    www.aol.com/finance/interest-rate-changes-affect...

    Interest rate changes: short-term vs. long-term debt The amount may only add up or save you a few hundred extra dollars over the life of a short-term loan like a personal loan.

  5. How to manage a short-term business loan - AOL

    www.aol.com/finance/manage-short-term-business...

    Type of loan. Description. Term loan. A single lump sum of cash deposited in your account. Interest is paid on the full amount. Line of credit. A revolving line of credit

  6. Commercial and industrial loan - Wikipedia

    en.wikipedia.org/wiki/Commercial_and_industrial_loan

    These short-term loans may have an interest rate based on the SOFR rate or prime rate and are secured by collateral owned by the business requesting the loan. C&I loans consist of revolving lines of credit, term loans, and owner-occupied real estate. [1] C&I loans do not consist of investment real estate loans, which are typically handled by a ...

  7. Trade credit - Wikipedia

    en.wikipedia.org/wiki/Trade_credit

    Trade credit is the loan extended by one trader to another when the goods and services are bought on credit. Trade credit facilitates the purchase of supplies without immediate payment. Trade credit is commonly used by business organizations as a source of short-term financing.

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