Videocast: How To Use A Line of Credit, Part 1

Business owners understand they need to weather the peaks and valleys of the current economic climate and a line of credit is an ideal way to do that. Lower interest rates and flexible repayment terms make business lines of credit an attractive financing tool but there is more to using one than meets the eye. Joe Collura, Small Business Area Manager, BMO Bank of Montreal, explains how to effectively utilize this valuable tool in Part 1 of this two-part series.