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  2. Borrowing base - Wikipedia

    en.wikipedia.org/wiki/Borrowing_base

    Borrowing base is an accounting metric used by financial institutions to estimate the available collateral on a borrower's assets in order to evaluate the size of the credit that may be extended. [1] Typically, the calculation of borrowing base is used for revolving loans , and the borrowing base determines the maximum credit line available to ...

  3. 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.

  4. 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 ]

  5. 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 ...

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

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

    The lower your credit score, the more you will pay in interest and fees, and the less likely you’ll have an unsecured business line of credit as an option. Annual revenue. Lenders will require ...

  7. How to get a business line of credit - AOL

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

    Let’s look at the steps for how to get a business line of credit. 1. Decide between a secured and unsecured line of credit. Both secured and unsecured lines of credit can benefit a business. A ...

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