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2. 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 ...

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

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

   To get an unsecured business line of credit, your business will need a solid financial profile (e.g., good credit score, at least two years in business, consistent or growing annual revenue).

4. Types of unsecured business loans - AOL

   www.aol.com/finance/types-unsecured-business...

   SBA loans are term loans or lines of credit backed by the U.S. Small Business Administration. If you default on the loan, the SBA guarantees repayment to the lender up to a certain percentage.

5. 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 ...

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 loan in 6 steps - AOL

   www.aol.com/finance/business-loan-6-steps...

   Banks and credit unions can offer APRs between 5.5 to 12 percent for conventional loans and lines of credit, though the exact rate varies based on your business’s financial standing.

8. Commercial and industrial loan - Wikipedia

   en.wikipedia.org/wiki/Commercial_and_industrial_loan

   A commercial and industrial loan (C&I loan) is a loan to a business rather than a loan to an individual consumer. 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.

9. What can you use a business line of credit for? - AOL

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

   Unlike a term loan, which is paid out in one lump sum, a business line of credit is typically revolving, allowing for multiple withdrawals over time. Lines of credit can be used to cover the cost ...