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Traditional lenders tend to have strict requirements for business lines of credit, including credit scores of 670 or higher, annual revenue of $250,000 or higher and at least two years in business ...
Many business lines of credit have more lenient requirements to apply than a traditional business loan. You may still find options even with fair personal credit or low revenue.
Business credit cards: Business credit cards work similarly to a revolving business line of credit, replenishing the amount you can borrow as you pay it back. But if you pay off the credit card in ...
Business line of credit costs and fees. When getting a business line of credit, lenders charge fees and interest, both to open and to use your financing. This is represented by the line’s annual ...
A business line of credit is a popular alternative to an LLC loan. Like a credit card, a business line of credit allows you to take out money as needed, up to the limit set by your lender.
A business line of credit can be a powerful tool to help an entrepreneur establish and grow their small business. Like a credit card, a business line of credit is a kind of revolving credit ...
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