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2. Letter of credit - Wikipedia

   en.wikipedia.org/wiki/Letter_of_credit

   Typically the letter of credit will request an original bill of lading as the use of a title document such as this is critical to the functioning of the letter of credit. [18] However, the list and form of documents is open to negotiation and might contain requirements to present documents issued by a neutral third-party evidencing the quality ...

3. What documents are required for a business line of credit? - AOL

   www.aol.com/finance/documents-required-business...

   A business line of credit offers flexibility similar to a business credit card Each lender sets its own documentation requirements In addition to business documents, lenders may request ...

4. Uniform Customs and Practice for Documentary Credits

   en.wikipedia.org/wiki/Uniform_Customs_and...

   The Uniform Customs and Practice for Documentary Credits (UCP) is a set of rules on the issuance and use of letters of credit. The UCP is utilized by bankers and commercial parties in more than 175 countries in trade finance. Some 11-15% of international trade utilizes letters of credit, totaling over a trillion dollars (US) each year.

5. Acceptance credit - Wikipedia

   en.wikipedia.org/wiki/Acceptance_Credit

   An acceptance credit is a type of letter of credit that is paid by a time draft authorizing payment on or after a specific date, if the terms of the letter of credit have been complied with. The bank "accepts" bills of exchange drawn on the bank by the debtor , discounts them and agrees to pay for them when they mature .

6. 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).

7. Secured vs. unsecured business line of credit - AOL

   www.aol.com/finance/secured-vs-unsecured...

   The required credit score of a secured business line of credit varies based on the lender, but businesses may be eligible with a minimum credit score of 500. Show comments Advertisement