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Your Loan, Your Business

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This can make a revolving credit line a more cost-effective option than a traditional loan, where the bad borrower pays interest on the entire loan amount regardless of whether they use all of the money. Banks may also have more stringent eligibility requirements than other types of lenders, which could make it harder for some borrowers to qualify for a loan. This can help you establish a positive credit history, which may make it easier for you to qualify for a credit line in the loans future.

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