FAQ Unsecured Lines of Credit

FAQ Unsecured Lines of Credit

What are Unsecured Business Lines of Credit good for?

Unsecured business credit lines are great to use for debt management, working capital, startup funding, and almost anything that is not a long-term project. It’s important to understand that, as a rule of thumb,
a long-term project is anything over 12-18 months…but this is not true for all situation.
It’s a good rule of thumb. However, it also depends on whether you’re utilizing a traditional,
bank-draft unsecured business credit line or the credit card model as to the best strategy to employ.

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