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2. Business loan - Wikipedia

   en.wikipedia.org/wiki/Business_loan

   A business loan is a loan specifically intended for business purposes. [1] As with all loans, it involves the creation of a debt, which will be repaid with added interest. There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans, business cash ...

3. Business loan requirements: 8 things you will need - AOL

   www.aol.com/finance/business-loan-requirements-8...

   To help you qualify for a small business loan, we’ve identified eight common requirements for a business loan. 1. Annual revenue requirement. While revenue requirements vary by lenders, most ...

4. What are small business loans and how do they work? - AOL

   www.aol.com/finance/business-loans-215421282.html

   Typically, lenders require the collateral used to secure the loan equal to 100 percent of the loan amount. If you take out a secured business loan, the value of your collateral should equal the ...

5. What is an unsecured business loan and how does it work? - AOL

   www.aol.com/finance/unsecured-business-loan-does...

   An unsecured business loan is a type of business loan that doesn’t require any collateral. Collateral is an item of value that you use to secure a loan. Having collateral reassures the lender ...

6. Interest rate - Wikipedia

   en.wikipedia.org/wiki/Interest_rate

   An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed.

7. Effective interest rate - Wikipedia

   en.wikipedia.org/wiki/Effective_interest_rate

   The effective interest rate (EIR), effective annual interest rate, annual equivalent rate (AER) or simply effective rate is the percentage of interest on a loan or financial product if compound interest accumulates in periods different than a year. [1] It is the compound interest payable annually in arrears, based on the nominal interest rate.