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A credit limit set based on the specific needs of a project, allowing contractors to finance larger projects more effectively
A financial limit set for a specific construction project based on the project contracts and the value of the work to be completed. It helps contractors manage cash flow by covering costs like materials, labor, and subcontractor payments, making it easier to finance larger projects and keep them running smoothly.
A contractor can secure a Project-Based Credit Limit that provides sufficient funds to cover material costs.
