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Business credit cards are similar to personal credit cards but designed with small-business owners in mind. Most of these cards are unsecured , though there are some secured business cards on the ...
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 ...
KeyBank Preferred Credit Line. Unsecured. 11.74%-17.74% APR. $2,000-$25,000. Regions Bank Savings Secured Line of Credit. Secured. Variable, based on Wall Street Journal prime rate plus 2.00%-3.00 ...
Business credit cards: Business credit cards work similarly to a revolving business line of credit, replenishing the amount you can borrow as you pay it back. But if you pay off the credit card in ...
A business line of credit can be unsecured or secured (typically, by inventory, receivables or other collateral). Lines of credit are often referred to as revolving and can be tapped into repeatedly. For instance, if there is access to a $60,000 line of credit and $30,000 is taken out, access to the remaining $30,000, if necessary, remains.
Business credit cards: These cards operate like personal credit cards. You can use the revolving line of credit as short-term lending for projects and to pay vendors.
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