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Credit lines among $5,000 and $250,000. Your credit line is the whole amount of investment that you can have outstanding at any given time, and will replenish as you pay off draws (for a line of credit) or as your customers pay outstanding invoices for invoice factoring.

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9y ago

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Do recorded mortgages need an amount?

No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.No. Some are in the form of a credit line or commercial credit line and no amount is recited in the instrument.


On credit card what is difference between initial credit line and partial line amount?

According to Citi, the partial line amount is the available cash advance amount, and the credit line is the limit on the account


What is the difference between a credit line and a credit limit?

A credit line is the maximum amount of credit a lender is willing to extend to a borrower, while a credit limit is the maximum amount a borrower can borrow on a credit card or line of credit.


What is the difference between a credit line and available credit?

A credit line is the maximum amount of money a lender is willing to lend to a borrower, while available credit is the amount of that credit line that has not been used.


What is the difference between a credit access line and a credit limit?

A credit access line is the maximum amount of credit a borrower can access from a lender, while a credit limit is the maximum amount a borrower can borrow on a credit card or line of credit.


When I Access My Credit Line What Is The Minimum Amount I Have To Request?

No. There's no minimum amount whenever you transfer cash out of your credit line.


The maximum amount of credit you are allowed by a creditor is called an?

line of credit


The maximum amount of credit you are allowed by a creditor is called?

line of credit


Do I need to personally guarantee the line of credit or business loan?

Your personal guarantee can be required based on the amount and type of your funding request for business. Business loansand line of credits have completely different terms and quotes.


Can you explain what your credit line means?

Your credit line is the maximum amount of money that a lender is willing to let you borrow. It represents the total credit available to you, but you are not required to use the full amount.


Where can you get a fixed line of credit?

You can get a fixed line of credit through your bank and also through a consultant. You can get a fixed rate through a home equity loan. Or through a credit repair company.


What is the dollar amount limit you can access on a home equity line of credit?

amount depends on your credit score and the amount of equity you have in your home.