More often than not, a need for the business owner arises when they have to generate funds to support financing for the desired operations. The operations could either be expenses like increasing the supplies, handing out payroll, or it could also be for something like filling up the inventory. In cases like these, it would not be a good idea to choose a small business loan. Instead, a business line of credit would be a better option. But what exactly is a business line of credit?