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Month: February 2019

Types of Commercial Loans

Types of Commercial Loans

Commercial bridging loans are short-term loans designed to help a company do before a permanent funding source becomes available. Commercial bridge loans act as a channel by helping a company to bridge the gap between fulfilling current financial commitments and securing a permanent source of funding at a later date. They are generally intended for short periods of time, as their intention is to help the company meet its financial commitments before another viable source of commercial finance becomes available. These…

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Credit cards and / or consumer loans? Borrow money here.

Credit cards and / or consumer loans? Borrow money here.

When you need some extra money and you have no savings account or someone you can borrow from private, there are really only two options: to use credit or to borrow money from a bank. It’s really the same thing, because credit simply means that you buy the product and pay later, usually with a installment plan. If you borrow money that is not to be used for something specified such as a home or a car, it is called…

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