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Explore the differences between working capital and term loans to choose the right one for your small business.<br>
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By Nick Perry Small business loans can help entrepreneurs navigate challenges and invest in business expansion. But with many loan types available, it can feel overwhelming to determine what’s right for your business. There are benefits to both short-term and long-term business loans, as well as drawbacks. The right loan for your business really depends on your unique situation. More common short-term business loans include working capital loans, while long-term loans tend to be term loans. Each may be right for your business, but our business loan comparison will help you assess working capital vs. term loans before making a decision. Read more: https://www.biz2credit.com/term-loan/definitive-guide-working-capital-vs- term-loans-small-businesses