Backed by assets, secured business lines of credit may offer favorable rates and terms than unsecured lines of credit. Unsecured business lines may still require a personal guarantee. You can use ...

A business line of credit gives you access to a set amount of capital that you can draw from as needed. You only pay interest on the funds you draw. NerdWallet's content is fact-checked for ...

You can find her jogging through Austin, TX, or playing tourist in her free time. A business line of credit can be a great way to help fund unexpected expenses or bridge a gap in cash flow.