It is advisable to explore other borrowing options as lines of credit are unsecured, meaning that the interest rate charged varies with movements in banks rates. (investinganswers.com)
Do not think that you are a wonderful person because you let others borrow from you. (redeeminggod.com)
Long - term debt is a loan or other borrowed money that a business takes longer than a year to pay off. (smallbusiness.chron.com)