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2. 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]

3. Types of business lines of credit - AOL

   www.aol.com/finance/types-business-lines-credit...

   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 ...

4. 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 ...

5. What is a HELOC? - AOL

   www.aol.com/finance/heloc-home-equity-line...

   For instance, if you have $100,000 in available credit and only use $65,000, you’ll still have $35,000 left in your credit line. You’re only required to pay back the portion of credit you use.

6. Line of credit - Wikipedia

   en.wikipedia.org/wiki/Line_of_credit

   A business line of credit can be unsecured or secured (typically, by inventory, receivables or other collateral). Lines of credit are often referred to as revolving and can be tapped into repeatedly. For instance, if there is access to a $60,000 line of credit and $30,000 is taken out, access to the remaining $30,000, if necessary, remains.

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

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

   Bankrate insight. SBA loans include several types of business lines of credit, including SBA CAPLines. These are low-interest loans with long repayment terms. How do business lines of credit work ...