Difference Between Long Term And Short Term Business Loans

Depending on your agreement with the lender, business loans can range from 30 days to 30 years. Term loan interest rates can be fixed or variable. These are some of the primary differences between short-term and long-term loans.

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Difference Between Long Term And Short Term Business Loans.docx
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Difference Between Long Term And Short Term Business Loans.docx

The business loans can range from 30 days to 30 years, depending on the agreement between you and the lender. Term loan interest rates may be fixed or floating…