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07:30 New Irish research initiative reveals central role smart devices play in Irish urbanites lives Smart devices are central to everyday life and are playing an increasingly important role more akin to a person than a machine, according to the first report from Work.Shop.Play.ie, an online urban community that studies the behaviours and opinions of urbanites in Ireland and Northern Ireland. 16:53 Musgrave Group said today that its 2013 pre-tax profits were down 16pc to 60m, reflecting challenges in its business in Britain. The company said its revenue of 4.8bn for the year was broadly in line with 2012. 16:31 Aer Lingus cabin crew have this afternoon voted overwhelmingly in favour of industrial action. 15:42 Waterford-based company EirGen Pharma is to create 40 new jobs, following a recent 4m investment. 15:04 UPC has announced new customer offers across all its TV, broadband and phone bundles. 14:12 The continued demand for IT professionals was evident throughout the fourth Vacancy Overview report for 2013 from the Expert Group on Future Skills Needs. 12:56 The Government has published the report by Sean Guerin SC , which it refers to as a Review of the action taken by An Garda Siochana pertaining to certain allegations made by Sergeant Maurice McCabe.
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Line of Credit or Personal Loan: How to Choose – NerdWallet

Lines of credit, on the other hand, are typically used for recurring expenses, such as restocking inventory and paying employees. Business owners can pull money from the line of credit theyve been issued whenever they need to. Whoever issues the line of credit, be it a bank or a credit union, limits how much money an individual can borrow each month. Repaying loans vs. lines of credit Before being extended a loan , a small-business owner works with the lender to draw up a repayment schedule. This will determine the length of the loan, its interest rate and the monthly amount that the small-business owner has to pay the lender. Unlike a line of credit, a loan will need to be repaid starting immediately, regardless of whether any funds have been used. In a line of credit , you only make payments on the amount of money youve used, and youre typically given a month to repay at least a portion of what you borrowed. Although not every line of credit is the same, most typically ask for a minimum payment of 1% or 2% of the total amount you borrowed.
For the original version including any supplementary images or video, visit http://www.nerdwallet.com/blog/small-business-finances/credit-line-personal-loan-choose/

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