SitePoint Sponsor

User Tag List

Results 1 to 4 of 4

Hybrid View

  1. #1
    SitePoint Member
    Join Date
    Aug 2012
    Posts
    3
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Suitable loan for business

    Which type of loan is suitable for business?Its unsecured loan or secured loan

  2. #2
    SitePoint Guru loanuniverse's Avatar
    Join Date
    Sep 2002
    Location
    United States
    Posts
    652
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    The answer is it depends.... It depends on where you are? what your business is? what your assets are? and the answer to many other questions. Your question is just too broad.

    If you are looking for a loan for your web development company, we might be able to continue this conversation. Otherwise, the subject would be off-topic for this board and there are other places in the internet that are more appropriate. If you are in the US, www.sba.gov is a great place to find answers. For other countries, Google is your friend. And always remember, the more information you give the better the feedback.

  3. #3
    SitePoint Member
    Join Date
    Aug 2012
    Location
    Delhi
    Posts
    5
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Both are suitable. It will be depend on your choice or affordability. Because secured loans U can get quickly and amount will be depend on you, but for unsecured you will face for some step of formality and limit amount can get.

  4. #4
    SitePoint Zealot sofomor's Avatar
    Join Date
    Jun 2008
    Location
    CT
    Posts
    145
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Depends on the business you are running. For small business secured loan is better. Which type of business you are planning? As unsecured loan will be based on your income or expense but if you fail to earn maximum profit than it will be harder for you to pay off.
    Bullet proof corporate website design services, tailored to your specific needs - Said by sticker baby


Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •