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Demand line of credit |
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Demand line of credit A bank line of credit that enables a customer to borrow on a daily or on-demand basis. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Completion of the Plan resulted in: 1) Refinancing the Company's Demand Line of Credit as a Long Term Note, 2) Raising gross proceeds in excess of $3. The loan consists of a $100,000 demand line of credit and a five year term loan of $86,700. 4 million demand Line of Credit by a $600,000 cash payment and the issuance of a Term Note in the amount of $2. |
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