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Revolving Credit Lines

These can operate along similar lines to an overdraft facility. Arranged within a matter of days and often unsecured a limit is approved for normally up to a 12 month period.

Often having no set up fees attached interest is charged on borrowed monies rather then the full approved limit.

This type of funding can provide some additional short term working capital to a business which may help over a particular period or with a certain project.

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