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What's the Difference Between Secured and Unsecured Business Loans?

1/10/20Ricky BaizasSmall Business

When it comes to getting a business loan, you have two options: secured or unsecured.* Put simply, a secured loan is one where you put up collateral. And since lenders view secured loans as a safer bet, these are the options they typically push for. “A secured loan is one where you put up collateral.”

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