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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. Loan agreement - Wikipedia

   en.wikipedia.org/wiki/Loan_agreement

   Categorizing loan agreements by type of facility usually results in two primary categories: term loans, which are repaid in set installments over the term, or; revolving loans (or overdrafts) where up to a maximum amount can be withdrawn at any time, and interest is paid from month to month on the drawn amount.

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

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

   Short-term loans might be tempting for a quick bit of cash. Approach with caution. ... An unsecured revolving account with a variable interest rate, a personal line of credit is a loan you can ...

5. Warehouse line of credit - Wikipedia

   en.wikipedia.org/wiki/Warehouse_line_of_credit

   It is a short-term revolving credit facility extended by a financial institution to a mortgage loan originator for the funding of mortgage loans. The cycle starts with the mortgage banker taking a loan application from the property buyer.

6. 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.

7. 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

8. Home equity line of credit - Wikipedia

   en.wikipedia.org/wiki/Home_equity_line_of_credit

   A home equity line of credit, or HELOC (/ˈhiːˌlɒk/ HEE-lok), is a revolving type of secured loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's property (akin to a second mortgage).

9. What is the SBA line of credit? - AOL

   www.aol.com/finance/sba-line-credit-202339941.html

   A non-revolving line of credit means the credit line won’t replenish as the business repays what it has spent — similar to traditional term loans. Types of SBA business lines of credit SBA ...