business line of credit

Business Line of Credit Vs. Loan: What’s the Difference?

This blog post was last updated on March 31, 2021 to include new information about business lines of credit vs. loans. Comparing a business line of credit vs. loan is like comparing apples and oranges. They both give your business cash to accomplish a goal and come with their own lists of benefits. However, their…

How Does a Line of Credit Work?

This post was last updated on March 10, 2021 with more information about how business lines of credit work. Wondering how does a business line of credit work? If you’re the owner of a fast-paced business that faces unexpected challenges and opportunities on a regular basis, there’s a good chance you’ve heard of or been…

What is a Revolving Business Line of Credit, and How Does it Work?

This post was last updated on December 18, 2020. Any business line of credit gives you the ability to draw cash as you need it and only pay interest on what you take. But, a revolving business line of credit takes that benefit to a new level. Now that revolving lines of credit have once…

How Does Inventory Financing Work & Is It Right for Your Business?

Whether you sell cars, operate a convenience store or own a restaurant, having inventory on hand is what gives you the ability to do business—and ultimately, drive revenue. But unfortunately, acquiring new inventory isn’t always as simple as the click of a button. When working capital doesn’t cover the costs, inventory financing gives you a…

Businesses Prepare for 2019 Economic Slowdown with Revolving Credit

It’s true that nothing good lasts forever, and this is especially true in regards to the wildly fluctuating state of the economy. While 2018 proved to be a great year for businesses nationwide, predictions from leading economists warn that this period of tremendous growth is not likely to last in 2019. So, why is an…

Wholesale Distributors: Cover Slow Payments with Business Credit

Slow customer payments can cause cash flow problems for wholesale distributors. With a business credit line, you can bridge slow customer payments, and get the working capital you need in advance of future orders. But what type of credit line is right for you and your business? Jump To: 2 Best Business Credit Lines for Wholesale…

Accounts Receivable vs. Revolving Business Lines of Credit

How do revolving business lines of credit and accounts receivable credit lines work, and how are they different? What industries benefit most from each, and how do they compare against other business financing options? For companies including wholesale distributors, as well as staffing trucking, automotive, construction and manufacturing businesses, the answers to these questions could change…

Top 9 Benefits of "Revolving" Business Lines of Credit

These days, anyone who owns a business wants a true revolving business line of credit more than any other funding option. But what is a “true revolving” business line of credit, and what makes it better than “normal” small business loans and business credit lines? Read on to find out! Top 9 Benefits of Revolving…

Comparing SBA Loans With Unsecured Small Business Loans

Most business owners know that they can apply for financing through the Small Business Administration (SBA). Fewer business owners know that there are alternative financing options which may be available to them. Let’s take a look…  SBA Loans vs. Unsecured Small Business Loans The SBA has an affiliation with the government and a long history…

Line of Credit vs. Loan: What Are the Differences?

Are you confused about the difference between a line of credit and a loan? Be assured that you aren’t alone! Often, these terms are used synonymously or interchangeably. Line of Credit vs. Loans: 6 Major Differences However, they are distinct funding products, and understanding the differences will help you clearly determine which – if either…