A small business line of credit (LOC) allows you to draw against a predetermined credit limit, as you need it, instead of receiving the full loan amount at one time like a term loan. The biggest advantages of a business credit line are that you only pay interest on the funds you actually draw. OnDeck,… The post Business Line of Credit: What It Is, Where to Get One, & More appeared first on . from https://fitsmallbusiness.com/what-is-a-business-line-of-credit/
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AuthorHello I am Teri Crawford 26 years old living in Toronto, Canada. I have recently finished my MBA and planning to start my own business. Archives
November 2018
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