Line of Credit vs. Term Loan

Name: BizBee Funding
Address: Thousand Oaks, CA, US
Telephone: +1-844-459-3863
Price range: $$

A line of credit is revolving and pay-as-you-use. A term loan is a one-time lump sum with fixed payments. Use this guide to choose the right one.

Reviewed by Chris Lewis, Senior Funding Advisor. Last updated 2026-05-21.