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What is a business installment loan and why would I need one?

April 26, 2017Business installment loan

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What is a business installment loan and why would I need one?

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This is a fixed or variable rate loan, available in amounts from $3,000 to $350,000 for a specific length of time — usually one to five years. These funds can help finance capital expenditures like new equipment, redesigning your offices, or expanding your business.