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  2. What is a business line of credit and how does it work? - AOL

    www.aol.com/finance/business-line-credit-does...

    A business line of credit can help a small business owner cover short-term needs. ... What is the difference between a business loan and a business line of credit?Business loans are disbursed in ...

  3. Types of business lines of credit - AOL

    www.aol.com/finance/types-business-lines-credit...

    The second type of business line of credit is an unsecured line, which doesn’t need collateral to back the loan. That makes it riskier for the lender, which is why business lines of credit ...

  4. Does My Business Need a Line of Credit or a Loan? - AOL

    www.aol.com/does-business-line-credit-loan...

    A line of credit and a loan are two common business financing tools that offer different ways to access capital. A loan provides a lump sum with fixed payments, while a line of credit offers ...

  5. Business loan vs. line of credit - AOL

    www.aol.com/finance/business-loan-vs-line-credit...

    Business term loan. Business line of credit. Typical interest rates. 6% to 45%. 8% to 60%. How interest is charged. On the entire loan. Only on the amount used. Typical repayment terms. 2 to 10 years.

  6. Line of credit - Wikipedia

    en.wikipedia.org/wiki/Line_of_credit

    A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. A financial institution makes available an amount of credit to a business or consumer during a specified period of time. [1]

  7. How to get a business line of credit - AOL

    www.aol.com/finance/business-line-credit...

    Getting a small business line of credit is a great loan option for businesses. Companies can access their line of credit when needed and only pay accrued interest on the amount they use.

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