For consumers with a large amount of debt
on revolving lines of credit, such as credit cards, a loan can also help them pay back that debt on a set schedule.
A couple
of revolving line of credit accounts will be more ubiquitous than student loans since credit cards are easier to obtain than getting into and paying for college.
Take advantage of discounts, purchase inventory, improve liquidity, or meet short - term cash requirements with a flexible, easy - to -
access revolving line of credit.
The USDOT provides a guarantee to participating STLP financial institutions who
provide revolving lines of credit up to $ 750,000 for small businesses with federally funded transportation - related contracts.
As part of the purchase agreement, Brookfield has agreed to assume the Goldman loan and provide Mills with a $ 500 million
revolving line of credit until the acquisition closes.
And focusing on small - scale, amortizing loans (i.e.
not revolving lines of credit, which are just about all the big banks offer these days), they can be more useful for those people trying to get out of high - interest debt.
In addition to a two -
year revolving line of credit to get the business up and running, each micro-enterprise participates in a capacity program, where the entrepreneur receives training in assessing the market, writing a business plan, recruiting and monitoring a sales force, HR management, inventory management, and other skills to ensure a sustainable and profitable business.
The difference — and it's huge — is that secured cards give you a
genuine revolving line of credit, not just the ability to spend money you already deposited on the card.
Revolving lines of credit conveniently allow you to advance on the line when the business needs cash and pay down on the line balance when the business has strong cash flow to fit into your business cash flow cycle.
When JPMorgan Chase (JPM) extended Lions Gate's
revolving line of credit last year, the terms included a provision that triggers instant repayment if an investor buys more than 20 % of the company's stock.
Other names for this document: Revolving Line of Credit Agreement
OAK BROOK, IL — Inland American Real Estate Trust Inc., based here, has entered into a new, three - year $ 200 million unsecured
revolving line of credit facility, and a four - year, $ 75 million unsecured term loan.
American Healthcare Investors and Griffin Capital Corp., the co-sponsors of Griffin - American Healthcare REIT II Inc., announced that the REIT has entered into a $ 200 million unsecured
revolving line of credit with Merrill Lynch, Pierce, Fenner & Smith Inc. and KeyBanc Capital Markets as joint lead arrangers.
As part of the purchase agreement, Brookfield has agreed to assume the Goldman loan and provide Mills with a $ 500 million
revolving line of credit until the acquisition closes, which should occur in the second half of 2007.
An average credit score will usually be sufficient for credit cards and
other revolving lines of credit, however the terms and conditions associated with these accounts will likely be average at best.
Small business loans function similarly to auto loans and mortgages in their most basic form, but they can also take the form
of revolving lines of credit.
According to the agency, the ARC loans can be used to pay principal and interest on any «qualifying» small business debt, «including mortgages, term and
revolving lines of credit, capital leases, credit card obligations and notes payable to vendors, suppliers and utilities.»
The business Skaist - Levy and Nash - Taylor had started with just US$ 200 of their own money and
a revolving line of credit was growing rapidly and garnering attention from major fashion companies.
Three months of timely payments wins the business a higher limit and
a revolving line of credit.
A local investment - banking firm that has gone into competition with local banks by offering entrepreneurs
a revolving line of credit.
They can provide venture - capital funds,
revolving lines of credit, and all kinds of other financing arrangements for small businesses,» notes Jesus Arguelles, a Los Angeles - based business financial consultant who helps entrepreneurs raise funds.
A line of credit, or
revolving line of credit, is a flexible loan option for businesses.
A revolving line of credit helps you borrow money yet retain flexibility.