Business loans glossary

Glossary

araratyaregar.com Capital
Money made available for investment or for financing of business operations.
Grant
Fund given by institutions or the Government for deserving businesses. A grant is interest-free and no payment is required.
Lender
The provider of the business loan.
Term
Length of time allowed for a business loan to be repaid.
Secured loan
Business loan that comes with collateral which the lender may repossess should the individual or the company fail to repay the loan.

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