{"id":528,"date":"2012-06-29T14:15:47","date_gmt":"2012-06-29T18:15:47","guid":{"rendered":"http:\/\/www.changinglanes.biz\/?p=528"},"modified":"2012-06-29T14:15:47","modified_gmt":"2012-06-29T18:15:47","slug":"understanding-the-difference-between-a-business-loan-and-line-of-credit-loc","status":"publish","type":"post","link":"https:\/\/www.changinglanes.biz\/index.php\/2012\/06\/29\/understanding-the-difference-between-a-business-loan-and-line-of-credit-loc\/","title":{"rendered":"Understanding the difference between a Business Loan  and Line of Credit (LOC)"},"content":{"rendered":"<p>Think &#8211; Line of Credit (LOC) for short term needs, usually less than a year and a Loan for longer than a year.<\/p>\n<p>A LOC is very useful for the unexpected financial surprises and having one before you need it is equally important.\u00a0 Check out Legalzooms article about the use of both at <a href=\"http:\/\/www.legalzoom.com\/business-management\/running-your-business\/business-loan-vs-business-line?cm_mmc=Email-_-Promotion-_-Newsletter-_-VentureB&amp;utm_campaign=Newsletter_2012_July_Venture_B \" target=\"_blank\">Busines Loan vs. Line of Credit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Think &#8211; Line of Credit (LOC) for short term needs, usually less than a year and a Loan for longer than a year. A LOC is very useful for the unexpected financial surprises and having one before you need it is equally important.\u00a0 Check out Legalzooms article about the use of both at Busines Loan [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-528","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/posts\/528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/comments?post=528"}],"version-history":[{"count":2,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/posts\/528\/revisions"}],"predecessor-version":[{"id":530,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/posts\/528\/revisions\/530"}],"wp:attachment":[{"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/media?parent=528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/categories?post=528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.changinglanes.biz\/index.php\/wp-json\/wp\/v2\/tags?post=528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}