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Business loans are a flexible form of finance that allow companies to borrow up to a certain limit and only pay interest on a portion of the money borrowed. Unlike traditional loans, credit lines provide ongoing access to funds, which can be drawn upon whenever needed and repaid either immediately or over a predetermined period. Business credit lines are powerful tools for managing cash flow, seizing growth opportunities, and expanding products and services. When used strategically, they can significantly enhance a company’s ability to increase revenue and achieve sustainable growth.
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