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Bank Credit

oboloo Glossary

Bank Credit

Bank Credit – A type of loan that involves borrowing money from a financial institution such as a bank, credit union, or other lending institution. This type of credit product is typically used for large-scale investments and projects, and is often secured by collateral or other assets. Bank Credit can be a powerful tool for businesses looking to grow, but must be used responsibly with careful consideration to the associated risks.

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