Article

Business Loan
November 09 , 2012

Business loans are unsecured loans extended to entrepreneurs, self employed professionals, sole proprietary firms, partnership firms and private limited companies. These loans are taken by small and medium businesses to either run their day to day business activities or to finance capital expenditure.

Since they are unsecured loans no collateral is required. Interest rates are on the higher side. A variety of products have developed in the business loan segment. For a detailed reading on business loan read the article on Commercial Loan in the additional resources below.

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