To ensure that your small business grows steadily, you may require funds to cover expenses and make new investments.
Here are a few ways to get a loan using the income from your business.
Get a Bank Loan
You could apply for a bank loan against your business profits. The rate of interest is usually around 6% to 9%, but you will have to put up some collateral against this type of loan. Collateral could be in the form of your business or residential property or even your business' stock.
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