Line of credit is the direct link between you, your bank and your partners. 🙂

Basically, the bank offers you a loan with a term of up to 24 months and thus helps you overcome temporary shortfalls in your working capital. 

That is, when you're strapped for cash and are under pressure to pay your suppliers, employees, and/or taxes to the state budget, the line of credit solves your cash-flow problems, allowing you to make your payments on time. 😇

The major advantage of using the credit line is that you only pay for the money you use at the end of each day and not for the full amount of the credit line.  

This results in a monthly interest rate that depends on the amount used, which is less costly than in the case of a classic loan (where you use the entire amount approved and repay it within the terms agreed with the bank) 📉