If capital is the lifeblood of business, business loans are the most common medicine. Many business owners enjoy the benefits of borrowing a set amount of money with a clear repayment plan. Loans are a familiar way to fund business growth. Business loans, credit cards, and lines of credit account for about three-fourths of financing for new firms, according to the Small Business Association (SBA). About one third of small businesses used a bank loan in the last 12 months, … [Read more...]