What Is a Revolving Line of Credit? A revolving line of credit is a loan type that provides borrowers with ongoing access to funds for short-term financing needs. This type of loan allows borrowers to ...

Revolving credit is an ongoing loan that allows users to borrow money, repay some or all of the balance, and then borrow again, up to a predetermined limit, without having to reapply each time as they ...

Business lines of credit often have higher limits, but business credit cards might offer rewards.