business loan
What Are the Different Types of Business Loans Available Today?
There are several types of business loans available depending on your needs—term loans, working capital loans, equipment financing, invoice financing, line of credit, and merchant cash advances. Each serves a specific purpose, like funding operations, purchasing machinery, or managing cash flow. Understanding the types of business loans helps you choose the right product for growth. Some require collateral, while others don’t, and interest rates vary based on the loan amount, tenure, and risk level.
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