When pursuing small business financing, it is important to understand your financing options including loans with various “term lengths.” The term of a loan can be thought of as how long you will be making payments to pay back the loan on a regular schedule. You might be familiar with personal loans including mortgage loans, which are …
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source https://www.biz2credit.com/blog/2021/06/07/picking-the-right-term-length-for-your-small-business-loan/
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