Line of Credit
Unsecured Business Line of Credit
As a business owner, having access to capital is one of the most important and essential aspects of running your small business. It drives work forwards, allowing you to hire employees and pay for a range of services. It allows you to invest in infrastructure and equipment, speeding up the process of manufacturing or engineering. […]
Line of Credit vs. Loan
If you are in need of cash, is it better to obtain a line of credit or a loan? This will very much depend on two factors – what you actually plan to use the money for and how disciplined you are around money. A line of credit will work in the same way as […]
Commercial Line of Credit
A commercial line of credit is extended for the purposes of doing business. There are many different types of businesses and reasons why this type of credit may be required, as well as many lenders and credit providers. In some cases, a business needs a line of credit so they can buy supplies and/or wholesale […]
Law Practice Line of Credit
Despite the rosy-eyed expectations many law students have upon graduating, being a lawyer isn’t quite the debt-free, lucrative career path that many predict it to be. From immense law school debt – often reaching into the hundreds of thousands of dollars – to the truly vast costs of marketing your law practice, working as a […]
Revolving Line Of Credit
A revolving line of credit is different from other types of loans that have a start date, a payment interval and eventually a finish date, when the loan is fully paid up. With a revolving line of credit, the lender makes a commitment to make a certain amount of money available to the borrower, who […]
Overdraft Line of Credit
Anyone who has a checking account should look into getting an overdraft line of credit. While you may not intentionally bounce checks, it sometimes happens. When it does, the bank charges you a non-sufficient funds fee. And, the establishment to which you wrote the check may also charge a fee. In addition, the check can […]
Bad Credit Home Equity Line of Credit
If you have a below-average credit score and are having trouble being approved for a loan, mortgage, or credit card, you may want to consider a bad credit home equity line of credit, also commonly referred to as an HELOC. A home equity line of credit is basically a type of loan that allows you […]
Unsecured Line of Credit
Credit has been around for quite some time. It is a form of money creation that the economy relies on in order to keep the wheels turning. There are many different types of credit that people have access to. The most notable and popular type of credit is an unsecured line of credit. An unsecured […]
Personal Line of Credit
Having a personal line of credit can help in times of crisis and ensure you remain solvent in dire circumstances. In many cases, banks will give an individual an unsecured line of credit linked to the bank account held with them. This allows an individual access to extra funds and allows the bank to monitor […]
