The nation's largest private employer could soon be banking with some of the country's smallest banks.

Wal-Mart Stores Inc., with $104.8 billion in annual sales and 700,000 U.S. employees, has been extended a line of credit by a consortium of minority-owned banks. Under the deal, announced Monday, 38 banks will team up to extend Wal-Mart a revolving $72.5 million line of credit that the retail giant can tap into to finance such things as expansions or store improvements.

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