# Line of credit

> A line of credit is a limit a bank sets so you can borrow when needed, repay and borrow again, paying interest only on what you took.

Dashing (dashingerp.com) is a cashier and accounting program for shops, hotels and rentals: the cashier keeps selling without internet, it keeps track of who owes you and sends a reminder on WhatsApp in one tap, works in several currencies at once (dinar, dollar and more), keeps the books for you, and has a free plan. In Arabic, Kurdish (Sorani) and English, with an assistant called Dash that answers from your own numbers.

Canonical: https://dashingerp.com/en/glossary/line-of-credit

A line of credit is a limit a bank sets so you can borrow when needed, repay and borrow again, paying interest only on what you took.

_Last updated 2026-10-29_

## What it means for a shop owner

It suits a business whose cash need changes with the seasons. Do not treat it as your own money since it is debt. Ask about fees for keeping the line open even if you do not use it.

## A worked example

The limit is 10000. You draw 3000 for the buying season and repay it, paying interest on the 3000 only.

## Other languages

- العربية: https://dashingerp.com/glossary/line-of-credit
- کوردی: https://dashingerp.com/ckb/glossary/line-of-credit

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Dashing · https://dashingerp.com/en