Small businesses, especially start-ups, often suffer from gaps in their working capital. Brand-new companies often do not have the cash to stay afloat between buying inventory and collecting on their first cycles of accounts receivable. Business lines of credit can be a helpful way to cover that shortfall in the short-term. A line of credit is a loan that works similar to a credit card – the bank sets a limit for the borrower and the entrepreneur can borrow up to that limit during a specified […]