Business Loans
A business loan is a financial tool designed to help businesses fund their operations and growth. Unlike equity financing, which involves giving up a portion of ownership, a business loan allows the owner to retain full control while repaying the borrowed amount over time.
These loans can be used for a variety of needs, such as covering start-up costs, expanding operations, purchasing equipment, or increasing production capacity.
In essence, a business loan is tailored specifically for business-related purposes and involves borrowing funds that must be repaid with interest.