Startup Loan. A type of loan that provides a fledgling business/company with enough upfront capital to get off the ground. A startup loan can be used for a variety of purposes.
If you are running a startup, your big challenge must really be meeting operating costs and balancing them with the need to expand
If you think that it is still too early to get equity participation or if you are cagey about VC funding, then there is the option of a startup loan
Like other traditional loans, this startup loan allows a new company to borrow from conventional lenders.
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