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samjame4

Business Term Loans Explained: How They Work and Why They’re Important

Business Term Loans Explained: How They Work and Why They’re Important

A business term loan is a lump sum of money that is borrowed by a business and repaid over a fixed period with interest. These loans are a popular financial tool for business owners because they offer predictability and reliability, making them ideal for long-term investments and larger expenses. Whether you’re expanding your operations, purchasing…