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What Is LOC And Why Do I Want One?

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Anonymous

9y ago
Updated: 8/21/2019

Business lines of credit are basically flexible financing that you can get from banks to cover expenses. As the name might recommend, most lines of credit are spendable via a credit card. You spend the cash while you need it, pay a minimal monthly payment, and also you don’t need to worry about getting more than one loan.

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Wiki User

9y ago

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