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For example, if your business needs to cover unexpected repair costs for essential equipment or manage cash flow during seasonal fluctuations, a line of credit lets you borrow only what you need ...

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Minimum requirements: Many lenders require a minimum $100,000 in annual revenue and for a business to have been in operation for at least a year. Looking at the different requirements across different ...

A business line of credit can be a good idea, allowing you to borrow only what you need for short-term expenses and pay interest only on that sum.