There has been a lot of debate lately about which funding option is the better choice. The answer depends on your needs and circumstances.
Business loans
Business loans are the first choice for most business owners who are looking for additional working capital. There are some definite advantages to going through the bank. The clear advantage is cost. Bank loans cost less and give you a longer period to pay it back. Another thing they have going for them is trust. Many banks have been around for decades and have built a solid reputation. Most people prefer doing business with someone they have heard of before.
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