credit line

Critics say the internal rate of return can be inflated by the use of “subscription credit lines,” which allow funds to borrow money against investors’ committed capital in order to smooth out the capital-call timing.

“I have a reserve credit line, with a zero balance,” Trujillo said.

Cohen, who also acted as Trump’s fixer, made the $130,000 payment to Daniels, drawing money from a credit line and channeling it through a shell company.

Secured cards offer a credit line equal to a deposit made to the issuing bank.

Trusted customers might receive credit lines of $25,000 or more.