This question is more geared towards "small" operations. Who has a line of credit, and if so, how much is it for? This season has been going great (one exception) and it never crossed my mind to get one until my banker asked me if I would be interested in it. Thinking back to that one incident it occurred to me that things could have been a lot easier for those 3-4 days. It was about a month after starting up again for the season and I had run my bank balance quite low because I purchased another truck. It was at the point to where I had to do some labor-only jobs to generate some quick cash flow. This could have been so easily avoided with even a small LOC of a few thousand. Last week I applied for a $15,000 LOC and got my approval yesterday. This isn't something I plan on ever using, but every once in a while those situations come along where you need to replace a machine on the spot or just plain let the AR slip too long and you've got bills to pay too. The LOC of free to have other than a $200 closing cost. Interest is prime plus 2, which isn't the greatest, but then again I would never use this for a long term loan only perhaps for a machine purchase where I could pay it back in 3-6 months. Do you have one? Have you used it? If so, for what?