➠ What is it: Business loans provide crucial capital for entrepreneurs and businesses to invest in growth, expansion, working capital, or other operational needs.
➠ Who can avail: Business loans are available to business owners, self-employed professionals, and entrepreneurs.
➠ When can avail: Business loans can be applied for when you’re planning to expand your business, invest in new equipment, or require working capital.
➠ Eligibility Criteria: Eligibility is often based on factors like the type of business, creditworthiness, and financial stability. Some lenders may have specific criteria.
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