Question

Advantages of taking a loan

Answer 1

Answer:

Low Interest Rates: Generally, bank loans have the cheapest interest rates. ...

Flexibility: When you receive a bank loan, the bank will not provide a set of rules dictating how you spend the money. ...

Maintain Control: You don't have to give up equity to get a loan from a bank.

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Answer 2

Answer:

Advantages of Bank Loans

• Low Interest Rates: Generally, bank loans have the cheapest interest rates. ...
• Flexibility: When you receive a bank loan, the bank will not provide a set of rules dictating how you spend the money. ...
• Maintain Control: You don't have to give up equity to get a loan from a bank

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