What is the Difference Between a Secured Loan and an Unsecured Loan?

What is the Difference Between a Secured Loan and an Unsecured Loan?

What is the Difference Between a Secured Loan and an Unsecured Loan? In general, a secured loan is one where the borrower offers some form of collateral to the lender as a way to secure the loan. An unsecured loan, on the other hand, is not backed by any collateral and is therefore riskier for…

Where Do I Send My PPP Loan Forgiveness Application?

Where Do I Send My PPP Loan Forgiveness Application?

If you’re wondering where to send your PPP loan forgiveness application, you’re not alone. Here’s what you need to know to get it submitted correctly. PPP Loan Forgiveness Application?’ style=”display:none”>Checkout this video: SBA The PPP loan forgiveness application is available on the SBA website. You will need to fill out the application and submit it…

How to Return PPP Loan Funds

How to Return PPP Loan Funds

Have you received your PPP loan and are now wondering how to return the funds? We have compiled a step-by-step guide on how to do so. PPP Loan Funds’ style=”display:none”>Checkout this video: Introduction The SBA’s Paycheck Protection Program (PPP) loan program provides loans to small businesses to help them keep their employees on the payroll…

What is a Term Loan?

What is a Term Loan?

A term loan is a loan from a bank for a specific amount that has a specified repayment schedule and a fixed or floating interest rate. Checkout this video: Introduction A term loan is a loan from a bank for a specific amount that has a specified repayment schedule and either a fixed or floating…