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Online Loans in the Philippines: What SMEs Need to Know

Any aspiring entrepreneur today can start a business just by creating a page on social media or using an e-commerce platform. Due to the convenience of digital platforms, the number of registered online companies in the Philippines increased from 1,700

How to Calculate the Interest Rate on a Business Loan

How to Calculate the Interest Rate on a Business Loan

Are you planning to apply for a business loan? Before you do, there are a few things you must consider first. On top of the list is the business loan interest rate. You need to take interest rates into account

Business Loan vs. Consumer Loan: Differences and Similarities

Business Loan vs. Consumer Loan: Differences and Similarities

Many up-and-coming entrepreneurs apply for consumer loans to generate capital for their businesses since they are relatively easy to qualify for and quickly acquired. Although there is nothing wrong with using a personal loan for business purposes, it does have

5 Types of Collateral You Can Use to Secure a Business Loan

5 Types of Collateral You Can Use to Secure a Business Loan

Small businesses often start out with poor credit scores, which affects their ability to take out a business loan. However, you can boost your chances of getting approved for a loan through a collateral loan. But, what is a collateral