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BUSINESS LOAN OR OVERDRAFT- WHICH IS BETTER

Overview An entrepreneur looking to start a new business or considering expanding their existing business needs funding to achieve their business goals. At that time, a person would consider getting a business loan or overdraft line to meet their working capital needs. Both financial products provide financial assistance to their borrowers. At the same time, …

The banking industry is highly competitive in terms of gaining more and more business. The market dynamics and the competition between the industry players have to follow the set rules and bring down the interest rates. It seems like a war between them where they want to attract more new customers with their attractive rates …

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