These are generally the conditions of your business that helps you determine if you need a credit line:
1. You have short-term expenses that have to be met. One of the biggest advantages of a line of credit is its flexibility. You can draw on the credit line at anytime, as long as it is within the limit.
2. You need quick access to funding. At Finaxar, you can get credit approval in as quick as 30 mins & access to funds in 24 hours.
3. You have recurring expenses. As long as these recurring expenses do not exceed the pre-approved limit, the very structure of a credit line lets you draw on it frequently to meet these recurring expenses.