How is a Working Capital Loan Different from a Term Loan?
The need for finance is commonly felt by business owners from time to time. Where short-term business loans offer an immediate relief from the problems, long-term loans are used for initiating sustained growth plans. Since, there are many types of financial vehicles in the business loan market today, oftentimes it becomes difficult to select the right one. Knowing about the … Continue Reading
Difference Between Invoice Discounting and Invoice Factoring
Fintech services have drastically transformed the ways in which a small business owner can raise capital these days. Where previously secured business loans were the only viable option for getting quick business finance, nowadays a range of financial products and service exist for the exclusive benefit of small business borrowers. Invoice discounting and invoice factoring are both financial services that … Continue Reading