Long-Term vs. Short-Term Business Loans

As inflation continues to grow, nearly half of businesses have reported taking out loans to manage inflation-related costs over the past year.

Many owners have found themselves in a position where they’re in desperate need of a loan but don’t know which one they should take out. If you’re in this kind of circumstance, read this guide! In it, we’ll discuss the pros and cons of long-term vs. short-term business loans and help you figure out which is right for you!