Secured Line of Credit - Business Finance Glossary

A secured line of credit is a line of credit that has been backed by a piece of collateral. Because of this collateral, secured lines of credit can have larger limits or more flexible terms than unsecured ones. Learn how secured lines of credit work, and what benefits you can get for your business by opening one. The Biz2Credit Business Finance Glossary: this free resource from Biz2Credit has all the information on key financial terms you need to know for your small business. Browse through all of the most important concepts you need to know when running your own business, all in one place. Discover more business finance terms at