Sentences with phrase «business lines of credit tend»

Not exact matches

Even though these programs tend to be more expensive than loans and lines of credit, a large group of merchants turn to them because they can gain access to financing more quickly and easily and because the repayment schedule tracks their business performance.

While credit limits tend to be smaller than a line of credit, a business credit card may offer rewards, such as cash back or travel points.

This tends to be the more attractive type of business credit lines to business owners for obvious reasons, however, they are much more risky for the lender, therefore your credit score must be excellent.

The prime rate tends to move in lock step with the federal funds rate and so affects the rates on certain products like Home Equity Lines of Credit (HELOCs), residential construction loans, some credit cards and things like business Credit (HELOCs), residential construction loans, some credit cards and things like business credit cards and things like business loans.

On the other hand, if your business tends to concentrate its biggest purchases in just one or two areas (and maybe doesn't spend up to the $ 150k mentioned above), Chase's broader Ink line of small - business credit cards could hold an even better offer.

Also in my limited experience of calling around to start inquiring about a business line of credit for my portfolio the due tend to be shorter terms and interest only, this contrasts with a HELOC which has a more traditional and often longer term amortization associated with it.