What are business loans?

Business loan is a loan funding used to supply a business with funds to operate its business activity, acquire equipment, diversify to new markets or in order to cater to the operating expenses. It is a form of debt finance in which capital is lent to the business which is repaid by the business (usually with interest) at a fixed duration.
 
Business loans are funds borrowed by companies to finance operations, expansion, or purchases. They are repaid with interest over time and can be secured (collateral) or unsecured (no collateral).
 
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