From a lender's perspective (both traditional lenders like banks and online lenders offer business credit lines) a line of credit and a term loan are very different. (ondeck.com)
Closing your credit lines will cause your overall business credit lines to decrease both quickly and dramatically, negatively impacting your overall credit score. (excelcapmanagement.com)
With multiple business credit lines established your business will be in a position to obtain credit limit increases every 6 - 12 months whether it's from automatic account reviews or by request. (businesscreditbuilders.org)