Business Loans

operations, expand their operations, or meet other financial needs. Business loans can be used for a variety of purposes, such as purchasing inventory, hiring staff, or expanding a business location.

Business loans may be secured or unsecured. A secured business loan requires collateral, such as property or equipment, to be used as security for the loan. An unsecured business loan does not require collateral, but may have higher interest rates or stricter requirements for approval.

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