A Look at Personal and Business Loans

Whether you’re starting a business or just need some cash fast, a personal loan or a business loan may be the answer. Both personal and business loans can provide you with cash to pay for unexpected expenses, purchase a car, remodel your home, or fund new ventures such as launching a business. But the two loans have different purposes and eligibility requirements. To help you determine which one is right for you, we’ve outlined the pros and cons of each loan type in our articles.

Should you take a Business line of credit?

A business loan is a loan that you can get as an individual to help fund your business. They are typically seen as last resort because they have high-interest rates and often have restrictive terms. A business line of credit is another type of…

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Taking a Commercial Real Estate Loan

If you own a small business, operate a retail store, or have another commercial enterprise that produces a steady income, you can borrow money from a bank to fund your real estate investments. A commercial real estate loan is an option for…

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Taking a Microloans for Business

Did you know that microloans for business are one of the most effective ways to start a small business? They’re also some of the least expensive loans available. Microloans typically range from $10,000 to $50,000, which is just enough to get…

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Term loans for your Business

When you’re running a small business, it can be challenging to get funding. After all, banks typically only lend money to businesses that they consider to be low risk. That means your small business probably doesn’t have the financial track…

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What are Small Business Administration Loans?

Small Business Administration (SBA) loans are a great way for small businesses to finance their expansion or launch new ventures. SBA loans have favorable terms and conditions, including low-interest rates and flexible repayment schedules. The…

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An Insight into what is a Mortgage

When you want to buy a home or a property, you need to find a lender who will give you a loan and an agreement on the repayment terms. This is what is referred to as a mortgage. A mortgage is simply another word for a loan that you take for…

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Buy now, Pay Later Loans

Buy now, pay later loans are also known as deferred payment loans or credit sale schemes. They’re financial products that let you buy goods or services now and pay for them in monthly repayments at a later date. These types of loans are ideal…

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Debt consolidation loans are Very Common

As the name suggests, debt consolidation loans are designed to help you consolidate all your unsecured debts into one loan with a single lender. This generally has benefits for individuals who have multiple unsecured debts, but it comes at the…

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Explaining a Variable-rate loan

A variable-rate loan is one in which the interest rate may increase or decrease depending on a benchmark, index, or another variable. Variable-rate loans can be helpful for consumers looking for a loan that has a lower initial rate and payments…

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What are Secured personal loans?

When you’re in a financial pinch, it can seem impossible to get a loan. Even if your credit is less than perfect, you may think that no lender would be willing to take the risk. But that’s not true. Many lenders are willing to give you a…

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How Exactly Does Bitcoin Work?

‍Bitcoin is one of the most exciting and innovative digital currencies available today. It has been gaining in popularity due to its decentralized nature and its ability to provide secure, anonymous…

Investing in ETFs is Good for Beginners

Investing in ETFs is a great way for beginners to dip their toes into the world of investing. Exchange traded funds (ETFs) are a collection of investments like stocks, bonds and other assets that are…

ETFs vs Mutual Funds Comparison

Exchange-traded funds (ETFs) and mutual funds are two of the most popular investment vehicles available to investors. Both offer a way to diversify your portfolio and gain exposure to a variety of…