Line Of Credit

How Long Does It Take for a Repossession to Come off Your Credit?

For any business venture to flourish, the most important requirement is capital i.e. timely availability of funds. When businesses lack proper funding their growth cycle is disrupted. This is a major hindrance for a vast majority of entrepreneurs.

A Line of Credit (LOC) is an agreement between a borrower and the lender (bank or an NBFC) which states that the lender is ready to lend a certain maximum amount to the borrower.