Daily Archives: May 6, 2017

What You Need to Know About A Loan Versus a Line of Credit

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If you’re seeking capital to run and grow your small business, you may be debating between a line of credit and a term loan. But how do these two small business loans work, and in what situation should you apply for each one? Here’s a closer look: Business line of credit: A business line of credit is similar to personal ...

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