What is a business loan?

Answer A business loan is a bank loan that is granted to a business. The loan must be repaid with interest on or before a date specified by the bank.Loan ApplicationA loan application is filled out in eit... Read More »

Top Q&A For: What is a business loan

How to Get a Business Loan for a B&B?

When you are running a business, it may be inevitable that you need to borrow money at some point. This is also true for those running a bed and breakfast, or for someone trying to open one. There ... Read More »

The Best Way to Get a Business Loan?

The best business loan will present as little liability to you, the owner, as possible. Depending on how your loan is structured, you may be personally sued if you default on the debt. Protect your... Read More »

What is the rule of 72 for a business loan?

Business loans often include a high interest rate. Using the rule of 72, a borrower or lender can determine how fast it takes to pay back double the original principal loan amount.Double the Paymen... Read More »

How to Get a Small Business Loan?

Whether you’re planning expansion or improvements of an existing small business, or you’re just now getting a new business off the ground, a small business loan can give you the financial suppo... Read More »