With a revolving line of credit, a firm can borrow and repay whenever it wants so long as the balance does not exceed the credit limit.

Question

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A revolving line of credit allows a firm to borrow and repay funds as needed, up to a certain credit limit. As long as the balance does not exceed the credit limit, the firm has the flexibility to borrow and repay funds as they see fit.

With a Revolving Line of Credit, a Firm Can Borrow