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Running a business typically requires a large amount of working capital on a regular basis.
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Have you seen the term "counter credit" on one of your bank statements? Running a business typically requires a large amount of working capital on a regular basis. When these times come up, you might opt to tap into a line of credit to get the cash you need. A personal line of credit can be an important financial tool, but it's typically only available to people with overall healthy finances, including a high credit score. If your business does not have access to capital, it may only be a matter of time before the business is doomed.
Running a business typically requires a large amount of working capital on a regular basis.
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Flexibility to draw money as and when you need from your line of credit.
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