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Title: A typical five-year revolving line of credit is characterized by
Post by: CountrySlim84 on Mar 24, 2024
A typical five-year revolving line of credit is characterized by

▸ a fixed interest rate for the five years.

▸ a floating interest rate, renewed periodically during the five-year term.

▸ an interest rate that is lower than the prime rate because these lines of credit are only offered to the most creditworthy firms.

▸ B and C


Title: Re: A typical five-year revolving line of credit is characterized by
Post by: djbo89 on Mar 24, 2024
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