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What's the Difference Between a Small Business Loan, Line of Credit & Credit Card?

Nearly three-quarters of small business owners have borrowed money during the past 12 months, according to the Small Business Administration. If you’re a small business owner, chances are good that you’ll need to access credit at some point, too — whether it’s for purchasing inventory, expanding operations or strengthening your overall financial condition.

 

There are three primary types of credit available to small businesses: small business loans, small business lines of credit, and business credit cards. In this eBook, we explain:

 

  • How each type of small business credit works
  • The pros and cons of each
  • How to choose the right type of credit to meet your specific need

Maneuvering your credit options as a small business owner can be confusing, and missteps can be costly. Download the free eBook to get the straight answers you deserve.

 

If you're ready to speak with a Cadence Bank small business banker, contact us today.

 

This ebook is provided as a free service to you and is for general informational purposes only. Cadence Bank makes no representations or warranties as to the accuracy, completeness or timeliness of the content in the ebook. The ebook is not intended to provide legal, accounting or tax advice and should not be relied upon for such purposes.

Download the eBook: What's the Difference Between a Small Business Loan, Line of Credit & Credit Card?

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Nearly three-quarters of small business owners have borrowed money during the past 12 months, according to the Small Business Administration. If you’re a small business owner, chances are good that you’ll need to access credit at some point, too — whether it’s for purchasing inventory, expanding operations or strengthening your overall financial condition.

 

There are three primary types of credit available to small businesses: small business loans, small business lines of credit, and business credit cards. In this eBook, we explain:

 

  • How each type of small business credit works
  • The pros and cons of each
  • How to choose the right type of credit to meet your specific need

Maneuvering your credit options as a small business owner can be confusing, and missteps can be costly. Download the free eBook to get the straight answers you deserve.

 

If you're ready to speak with a Cadence Bank small business banker, contact us today.

 

This ebook is provided as a free service to you and is for general informational purposes only. Cadence Bank makes no representations or warranties as to the accuracy, completeness or timeliness of the content in the ebook. The ebook is not intended to provide legal, accounting or tax advice and should not be relied upon for such purposes.