[ Ссылка ] Business Loan vs Line of Credit: In this video learn the major differences between a business loan and a line of credit and how to best decide which credit type is best for your company.
A business loan is the most common type of business loan provided by both banks and non-traditional lenders. Business loans can be used for all kinds of business needs such as purchasing equipment or inventory, working capital, paying back outstanding company debts, or any other business necessity.
A line of credit is a flexible financial tool, in that it can be used to make different kinds of purchases. There are traditional lines of credit and non-traditional lines of credit with each serving a unique purpose.
For more details on business loans and lines of credit check out the following sites.
[ Ссылка ]
[ Ссылка ]
[ Ссылка ]
