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

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 »

What is a micro business loan?

A micro loan is a small loan, usually between $1,000 and $35,000. Micro loans can be easier for a small business to get than a standard commercial loan because the amounts are smaller and therefore... Read More »

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 »

How to Calculate a Business Loan?

Businesses often take loans to fund company expansion, new product development or the acquisition of other companies. When considering a business loan, you need to know how much each payment will c... Read More »