Benefits Of Small Business Lines Of Credit Business owners need to take advantage of small business lines of credit as they are basic tools for business growth, development and expansion. Small business are faced with the requirement for extra funds that they can use to finance growth as these lines of credit avail cash required to meet short term financial obligations in the busine ss. This will include increasing stock levels, financing short term cash flow problems and even enabling the small business take advantage of opportunities that might arise unexpectedly. Small business lines of credit assist business by ensuring continuity in operations and provision of services to clients and customers. Accessing these lines of credit is an indicator to customers and business owners that the small business enjoys confidence of lenders and banks and that the busi ness is being run as required. During the early times of operations, it is not easy for a business to access this kind of credits. It is not after the business has established itself and become a little stable that lenders will feel safe to provide credit to the business. Once the business has survived the tough period during break even period, it is able to access even other kinds of credit facilities from financial institutions. Before accessing small business lines of credit, some financiers may request that the business owner provide some collateral assets and personal guarantee for securing the credit. This provides an assurance to the creditor that regardless of what happens to the small business, the lenders will still be able to get their loan money back from the small business. This also shows that the management of the business is confident enough with the venture that they can even bring in their personal assets just to see the business successful. After the business has existed for a period of more than two years there are several options available that enables the business to qualify for the credit without relying on the owner's personal credit. This is because after two years, the business has overcome the many barriers that are associated with business failure in their younger age. This is also a great sign that the managers are able to make informed decisions that will see the business even more successful in future. Once the enterprise successfully obtains small business lines of credit, it is assured of accessing finances to fund its operations without having to wait for clients to settle their invoices. Although financial institutions that offer these credit lines are essentially few, they actually exist and busine ss owners only have to check whether they qualify for the credit. There are so many ways that the business can utilize this credit including purchase of new machineries and meeting short term pressing financial expenses.