Math, asked by balucamyramae220, 5 months ago

Compare and contrast business and consumer loans.

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Answered by shreyanshsingh067

Answer:

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Answered by Anonymous

Answer:

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The terms of a business loan are usually shorter and include a higher interest rate than those of a consumer loan. ... If a business loan is secured only by inventory, the term will be shorter and the interest rate will be higher than a loan secured by real estate.

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