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A Flexible Financing SolutionWhat can the Bank of America Business Advantage Credit Line be used for? Almost any business expense, really. It can provide you with working capital to bridge the gap between payables and receivables or give you access to funding for large purchases. You can also use it to increase your inventory, fund new projects, cover payroll, or simply take care of unexpected costs.
What's the Difference Between a Credit Card and a Credit LineWhile credit cards and credit lines both offer flexibility of use, credit cards are best used for everyday business expenses. Lines of credit, on the other hand, are typically longer-term financing options in larger amounts with lower interest rates.
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