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The Complete Guide to Business Loans If you're looking to finance your business, understanding the ins and outs of is key to making an informed decision. What Are Business Loans? A business loan allows companies to borrow a lump sum of money with the promise of repaying it over time with interest. Common Types of Business Loans There are several different types of business loans available, each suited to different business needs and circumstances. With a term loan, businesses borrow a specific sum and