Small business finance loan is a type of loan that is specifically designed to provide financing to businesses for various purposes, such as starting a new business, expanding an existing business, purchasing equipment or inventory, or covering operating expenses. Business finance loans can be obtained from a variety of sources, including banks, credit unions, online lenders, or government programs such as the Small Business Administration (SBA). These loans typically have specific terms and conditions, including interest rates, repayment schedules, and collateral requirements, which vary depending on the lender and the type of loan.
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