A business loan serves as a structured financial solution enabling businesses to borrow money for purposes such as expansion, inventory management, capital expenditure, or operational costs. Borrowers typically receive funds either as a one-time disbursement or via a revolving line of credit and must repay under agreed terms that define the repayment schedule and interest rate. Both secured (with collateral like property or equipment) and unsecured options are available, with secured loans usually offering more favorable interest rates.
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