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A business loan is a loan used to
start or grow a business, usually issued from a bank. The business
is used as security for the loan. The amount you can borrow will
depend on the type of business, and the assets in the business. For
example the bank may be more inclined to lend on a known franchise
as they have a proven business model. Also if you the business has a
lot of capital assets they too could be used as collateral to
the loan. Business loans are often used to meet business
operating expenses or to finance the purchase of inventory. They
are also known as commercial loans.
Business Mortgage Loan - a mortgage loan
secured by real estate used by a business or to generate capital.
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