[header] How to apply for a business line of credit [title] Understand your options. [step] A business loan is used for a one time expense-renovating a restaurant kitchen, for example. A business credit card, on the other hand, is a card you keep for an extended period of time to cover regular expenses. 
A business line of credit is somewhere in between. It is used to cover short-term expenses; for example, if your off-season income is not sufficient to cover operating costs, yearly renovations, etc.