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What is a revolving line of credit?

line of credit revolving
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What is a revolving line of credit?

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If you need immediate cash for a pressing business need, a revolving line of credit can do just that. Its a flexible, easy way to handle short-term cash flow needs. The line of credit is repaid monthly through payments that can usually be deducted directly from your business checking account. Revolving lines of credit come with variable rates.

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