Unlike a loan, a line of credit can be open long-term, whereas a loan closes once it’s paid off
Unlike a loan, a line of credit can be open long-term, whereas a loan closes once it’s paid off If you get paid by your customers via invoices, invoice financing (which is different from invoice factoring) is a convenient, albeit usually expensive way to avoid cash flow issues caused by long invoice cycles. This is a speedy option-you can get
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