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Do you need a business loan or is a business line of credit better? In this video we will talk about when to use a business line of credit and also when NOT to use a line of credit. #BusinessCredit #BusinessTips #Credit Business lines of credit can be a great tool for short term capital. Watch to see how a line of credit works and how to use one for your small business. In this episode of Financial Cents, Mayra Uribe, SVP of multicultural banking at National Bank of Arizona, once again joins host Brent Cannon, EVP and director of community banking at National Bank of Arizona, to discuss lines of credit for business. Find out what a line of credit is, how to use one, and what you need to get approved for a business line of credit. Get started on a business line of credit: https://www.nbarizona.com/business/bu... Subscribe from your favorite podcast platform by visiting: https://www.nbarizona.com/financial-c.... #FinancialCents #nationalbankofarizona KFUBMT0BSG5YCE4T Timestamps: 00:01 - Intro 00:54 - Business Line of Credit vs. Business Loan 01:17 - What is a Business Line of Credit? 02:24 - When to Use a Line of Credit 03:06 - When to NOT Use a Line of Credit 04:24 - Insight #1 on Using Lines of Credits 00:05:21 - Insight #2 for Lines of Credit 00:05:56 - How to Get Approved for a Line of Credit 06:52 - Insight #3 The Truth is... 00:08:16 - Insight #4 Mismatched Financing and Balance Sheets