Pro-Dex, Inc. (the “Company”) recently announced the entry into an Amendment to Amended and Restated Credit Agreement with Minnesota Bank and Trust, extending the maturity date of its $7,000,000 ...

A business line of credit can be a convenient financial tool for your small business as it provides access to a revolving credit line whenever you need it. Whether you run into unexpected expenses ...

CEO Brian Harris calls it a step toward building enduring value, but let's be real: this is about Ladder taking a serious ...

Salem Media Substantially Strengthens its Balance Sheet by Repaying All $159.4 Million of its Long-Term Debt and Brings in ...

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...

Lines of credit are another example of revolving credit. Personal and home-equity lines of credit (HELOCs) are common choices for those who need to borrow large amounts of money on a flexible ...

In contrast to installment credit, revolving credit extends borrowers a line of credit with no determined end time, and they can spend up to their assigned credit limit. "It's an ongoing 'open ...

Credit builder loans provide a straightforward way to improve your credit score. Learn about the best credit builder loans ...

Thailand’s fintech giant SCB X has announced a plan to complete its acquisition of Home Credit Vietnam Finance Co, the ...

A home equity line of credit is a variable-rate second mortgage that draws on your home's value as a revolving line of credit. Both options use your property as collateral for your payments ...

Image source: Getty Images. Revolving credit is a type of credit line that you can charge up, pay off, and repeat indefinitely as long as you stay within the agreements of the credit line.