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

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

    A business line of credit provides small business owners access to short-term funding. This credit line can help cover business expenses like paying your employees or purchasing inventory. Because ...

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

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

    After you determine how much funding you need — keeping in mind that lines of credit range from about $1,000 to over $1 million — you’ll need to research and apply for the right loan. Let ...

  4. Types of business lines of credit - AOL

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

    Unsecured business lines of credit. The second type of business line of credit is an unsecured line, which doesn’t need collateral to back the loan. That makes it riskier for the lender, which ...

  5. Pros and cons of a business line of credit - AOL

    www.aol.com/finance/pros-cons-business-line...

    What credit score do you need for a business line of credit?Some lenders accept small business owners with credit scores as low as the mid-500s. Remember, the best terms on business lines of ...

  6. What can you use a business line of credit for? - AOL

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

    A business line of credit is a flexible and powerful tool for business owners who need a renewable source of borrowed short-term funding. Though not ideal for all types of expenses, a business ...

  7. How much will a business line of credit cost? - AOL

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

    Bankrate insight. According to the Federal Reserve’s Small Business Lending Survey, average interest rates for fixed-rate business lines of credit in Q4 2023 were 7.67 percent to 8.38 percent ...

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