The flexibility of a line of credit allows the business to access funds when needed without going through additional credit approvals during the term of the credit line. (ondeck.com)
You don't pay interest on any amount of the line of credit loan that you don't currently have out for your use. (americashadvanced.com)
Most of us probably have some understanding of how a bad credit score can affect your ability to get a new credit card or some other form of a line of credit. (oneunited.com)