What is Revolving Line of Credit (RLOC)?

A revolving line of credit is an agreement that permits an account holder to borrow money repeatedly up to a set dollar limit while repaying a portion of the current balance due in regular payments. Each payment, minus the interest and fees charged, replenishes the amount available to the account holder.

Strengthen Your Trucking Company’s Financial Position with a Revolving Line of Credit

Strengthen Your Trucking Company’s Financial Position with a Revolving Line of Credit

If you're a business owner in trucking, whether you're managing a fleet or hauling loads yourself, there's a powerful financing tool available that is well…
How a Factoring Line of Credit Trumps Factoring and a Line of Credit

How a Factoring Line of Credit Trumps Factoring and a Line of Credit

Regardless of whether it’s riding through a pandemic, battling against freight shortages or going flat out to keep up with demand, maintaining positive cash flow…
Get Inside Your Lender’s Head Top things you can do (and avoid) to secure a line of credit for your growing business

Get Inside Your Lender’s Head Top things you can do (and avoid) to secure a line of credit for your growing business

First impressions are critical to any relationship, especially when it involves something as important as your business and your lender’s capital. eCapital’s Jennifer Palmer weighs…

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