SBA Loans From A to Z

Caplines

For businesses that need working capital on a short-term or cyclical basis, the SBA has a collection of revolving and nonrevolving lines of credit called Caplines. A revolving loan is similar to a credit card, where you carry a balance that goes up or down, depending on payments and amounts borrowed. With nonrevolving lines of credit, you borrow a flat amount and pay it off over a set period of time.

Like this article? Get this issue right now on iPad, Nook or Kindle Fire.

This article was originally published in the August 1997 print edition of Entrepreneur with the headline: SBA Loans From A to Z.

Loading the player ...

Seth Godin on Failing Until You Succeed

Ads by Google

Share Your Thoughts

Most Shared Stories
1
5 Morning Rituals to Keep You Productive All Day Long
2
5 Surefire Ways to Double Your Workday Productivity
3
9 Things Successful People Won't Do
4
7 Things the Army Taught Me About Running a Company
5
9 Traits That Will Lead You to Success