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2. 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.

3. Home equity line of credit - Wikipedia

   en.wikipedia.org/wiki/Home_equity_line_of_credit

   However, because the collateral of a HELOC is the home, failure to repay the loan or meet loan requirements may result in foreclosure. As a result, lenders generally require that the borrower maintain a certain level of equity in the home as a condition of providing a home equity line, usually a minimum of 15-20%. [3]

4. 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 ...

5. Inventory revolving line of credit - Wikipedia

   en.wikipedia.org/wiki/Inventory_revolving_line...

   An inventory revolving line of credit is a form of an asset based loan that is specifically collateralized by inventory held for sale. [ 1 ] [ 2 ] Rather than amortizing the principal amount over time, revolving lines of credit (revolvers) solely accrue interest on the outstanding balance and is charged in arrears. [ 3 ]

6. 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 ...

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

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

   SBA loans / CAPLines: SBA loans, including 7(a) loans and CAPLines, offer favorable terms and longer repayment periods, and funds can be used for a variety of business expenses.