Is a Business Line of Credit Right for You? For businesses that require flexible financing, a business line of credit provides access to funds at a lower interest rate than other options. Unlike other ...

What Is a Line of Credit? A line of credit (LOC) is a flexible financial tool offered by banks and other financial institutions that allows individuals or businesses to borrow up to a predetermined ...

Few Americans go through life without ever having to borrow money. Student loans, mortgages, car loans — these are all facts of financial life. There are times when you might need some money to get ...

A home equity line of credit (HELOC) is a financial tool that allows homeowners to leverage the equity in their home.

When individuals or businesses need to borrow money, they typically go to a bank for a loan or line of credit. Before going, however, knowing the difference between the two is important. With a loan, ...

Lines of credit and credit cards are both forms of revolving credit. You can expect more flexible payment terms with a line of credit, while credit cards tend to offer greater convenience and rewards.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Finding the best business line of credit in 2025 can help entrepreneurs access flexible funding, manage cash flow, and grow their businesses with competitive rates and reliable lenders. A business ...