What Is a Revolving Line of Credit? A revolving line of credit is a loan type that provides borrowers with ongoing access to funds for short-term financing needs. This type of loan allows borrowers to ...

Business lines of credit often have higher limits, but business credit cards might offer rewards.

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.

Business loans and lines of credit can help you meet your funding needs; a loan offers a lump sum repaid through installments, while a line of credit allows you to draw as needed, up to your limit ...