What’s the Difference Between Secured & Unsecured Loans? An unsecured business loan is a loan made to a business without collateral. Secured small business loans are loans made with something used as collateral for the lender to recoup their losses if the business defaults. Here are a few differences: Collateral Secured — Collateral is a… Read more »
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8 Differences Between a Business Loan and A Line of Credit
When you need some money to start, build, or grow your business, you’ll want to know the differences between business loans and business lines of credit. Knowing the differences will help you make the best decision about what is best for you and your company at the moment you need capital. Here are 8 ways… Read more »