A business loan, also known as a commercial loan, is capital borrowed by a business to fund operations, expansion, or other business-driven needs. It can be disbursed as a lump sum or provided via a line of credit, and must be repaid with interest according to the specified terms
Businesses use loans for a wide range of purposes—from daily working capital and equipment purchases to financing real estate or inventory.
Lenders vary, including banks, credit unions, SBA-backed lenders, and online or alternative financing providers.
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