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What Is a Business Line of Credit?
A Business Line of Credit operates like a credit card. The lender approves a set borrowing limit, and you pay interest only on the funds you use. When you repay the borrowed amount, the credit becomes available again, giving your business a flexible and revolving source of working capital.
This is flexible financing that lets you borrow, repay, and reuse capital on your terms. Think of it as your cash-flow safety net – you only pay interest on what you use.