Business Blog :: Finance and Mortage » Business Loans http://www.bizdirectoryportal.com/blog Thu, 22 Dec 2011 12:19:45 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Business Loans http://www.bizdirectoryportal.com/blog/business-loans/ http://www.bizdirectoryportal.com/blog/business-loans/#comments Thu, 03 Jul 2008 08:43:53 +0000 Brooke Hayles http://www.bizdirectoryportal.com/blog/?p=10 Business loan is a financial grant awarded to a business for improvement, additional capital, additional resources or other purposes. The business or enterprise applies for a financial grant in exchange for a guarantee that the loan will be used according to the purpose stated in the application and that the loan will be returned in the stipulated time. Failure to do so would mean the confiscation of the item or property named as security or collateral, revocation of the privilege for loans and even acquisition of bad credit name for the business enterprise.

Theoretically, a small business loan is an amount of money borrowed by a small business person to start or run a small business. Realistically, a small business loan is euphemism used by lending institutions to describe personal loans given to small business people.

]]> http://www.bizdirectoryportal.com/blog/business-loans/feed/ 0