Business Credit

A line of credit is a revolving access to credit that allows you to draw funds when you need them. With a revolving line of credit, the amount you repay replenishes and becomes available to draw again, and you only pay interest on what you use. Lines of credit provide financial flexibility, allowing businesses to cover unexpected expenses or to take advantage of a surprise growth opportunity. Not all purchases or expenses can be paid using a business credit card. Often, business credit cards cannot be used to pay expenses like property leases, payroll, or invoices from vendors; but these expenses can be paid with a line of credit.