What Is a Revolving Business Line of Credit and How Does it Work?

What Is a Revolving Business Line of Credit and How Does it Work?

A revolving business line of credit is a flexible financing option that allows small businesses to access funds as needed. Unlike a traditional business loan, where you receive a lump sum upfront, a revolving line of credit allows you to draw cash as you need it and only pay interest on the amount you borrow. … Read more