Seasonal lines of credit are used by companies with seasonal sales cycles and provide the cash needed to support increases in current assets during the peak selling period.

Question

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Seasonal lines of credit are specifically designed to provide financial support during peak sales periods to help companies manage their cash flow and cover the costs of increasing their current assets. As seasonal sales cycles can often create fluctuations in a company's cash flow, having access to a reliable source of credit can be critical to maintaining a healthy and sustainable business.

Seasonal Lines of Credit Are Used by Companies with Seasonal