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Sagot :
The type of funding obtained by ainsley can be regarded as a line of credit.
What is a credit line?
An amount of money that a person or business is permitted to borrow from one or more financial institutions for a specific amount of time.
some information about credit line is-
- It is viewed as a loan with flexibility.
- It is a set amount of money that may be obtained anytime it is needed. It can then be paid back instantly or over a certain length of time.
- It just lasts a brief time.
Thus, line of credit.
For more information about credit line, click here:
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