Uploaded on Mar 12, 2023
Business loans are a valuable tool for businesses to finance their operations, investments, and expansions.
Business Loan for Your Business
BUSINES
S LOAN
Hero FinCorp
WHAT
ABRUESINES
S
LOANS
?
Business loans are loans given to
businesses for the purpose of
financing their operations or
expansions.
Benefits: Business loans can help
businesses cover expenses, invest
in growth, and improve cash flow.
Types of Business Loans: Short-
term loans, long-term loans, lines
of credit, equipment loans, invoice
financing, and SBA loans.
SHORT-TERM
LOANS
Short-term loans are loans that
must be repaid within a year or
less..
Uses: Short-term loans are ideal
fcoorvering expense
munaenxapgeicntgedcash s, or
flow, advantage of taking
opportunities. business
Example: Credit card loans,
merchant cash advances, and
payday loans
LONG-
TERMLOANS
Long-term loans are loans that
must be repaid over a longer
period, usually three to 10 years.
Uses: Long-term loans are ideal for
major investments in the
business, such as purchasing real
estate, expanding operations, or
buying equipment.
Example: Traditional bank loans,
SBA loans, and peer-to-peer loans.
APPLYFINOGR
BU
A
SINES
S
LOAN
Determine the loan amount
needed, research lenders, gather
financial documents, and submit
the loan application.
Understand the loan terms and
fees, improve credit score, and
prepare a strong business plan.
THANK
YOU
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