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Business Loans Directory Pro Business lending guides by city

Massachusetts

What each kind of loan is for

Speed and cost move in opposite directions. The fastest money is the most expensive.

  1. Line of creditWorking capital, draw as neededFastest
  2. Term loanA known purchase over a known periodModerate
  3. Equipment financeSecured by the equipment itselfModerate
  4. SBALowest rates, most paperwork, slowestSlowest

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