Business loans

Business loans are funds that a company borrows from a bank or financial institution to support various operations, such as purchasing equipment, expanding facilities, or managing cash flow. The business agrees to repay the loan with interest over a specified period. These loans can vary in amount, interest rates, and repayment terms. They are essential for startups and established businesses alike, enabling them to grow, invest in opportunities, and cover unexpected expenses. Proper management of business loans can help a company thrive, while misuse can lead to financial strain.