How FC financing works for BIG, page-11

Brilliant explanation and thank you for your efforts Ryzie and Thanky. I'm sure some of the people who are having doubts appreciate the clear explanation and examples provided especially with the numerous pop-up experts that are clearly hindsight hero's. Still think it's probably going to be a rocky ride when re-opens. Question: The FCC finance arrangement line of credit $12,000 over 12 months with $1,000 monthly repayments. Wouldn't this be classified as a loan and at the conclusion of the 12 months be a closed account and loan paid out? If it was a line of credit, similar to a credit card, wouldn't the payments be less than $1,000 per month (from memory credit cards are a percentage of the outstanding balance) and in FCC best interests to have an ongoing balance and repayments to be recovered over time and keep the SME on their books indefinitely as opposed to specified time period?