A credit agreement in which a business customer may borrow up to a pre-specified limit,repay all or a portion of the borrowing,and reborrow as necessary until the credit line matures is known as a(an):

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A revolving credit line is a type of credit agreement in which a business customer can borrow up to a pre-specified limit and repay all or a portion of the borrowing, and then reborrow as needed until the credit line matures. It is a flexible way for businesses to manage their cash flow and working capital needs.

A Credit Agreement in Which a Business Customer May Borrow