A working capital loan provides short-term financing to cover a company's operational expenses, while a term loan offers a lump sum for more extended periods, enabling businesses to make significant investments or acquisitions
Line of Credit
A line of credit is a flexible borrowing arrangement that allows individuals or businesses to access funds up to a predetermined limit, with interest paid only on the amount actually used."
Consolidation
Consolidation is the process of combining multiple loans or debts into a single, more manageable payment, often resulting in reduced interest rates and simplified financial management
Reverse Consolidation
A reverse consolidation loan refers to a financial arrangement where existing consolidated debts are strategically separated, allowing for the restructuring or refinancing of individual components to better align with financial goals