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Line of Credit vs. Credit Card: What’s the Difference?

Line of Credit vs. Credit Card: What’s the Difference?

by workingcapitalmarketplace | Jun 24, 2024 | Business Credit

When talking about funding, one has to understand the crucial concepts of credit, line of credit, and credit cards. Credit is the financial assistance extended to your business – typically in the form of money, goods or services one borrows with an assurance of...
What Is a Working Capital Line of Credit?

What Is a Working Capital Line of Credit?

by workingcapitalmarketplace | Jun 24, 2024 | Business Credit

Working capital is the money that a business needs to run smoothly and efficiently, it works as its fuel. With sufficient working capital businesses can manage their daily needs and expenses effectively. A fundamental aspect of working capital revolves around the...
How Rising Interest Rates Affect Your Business and What You Can Do

How Rising Interest Rates Affect Your Business and What You Can Do

by workingcapitalmarketplace | Feb 28, 2024 | Business Credit

In the current economic landscape, fluctuations in interest rates have a significant impact on businesses across various industries. Interest rates in the United States had debatably been at record lows since 2010 – 2021 and business owners had come to expect...

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