Business requires a continuous input of money. Money is the life blood of any business. You will require money to start a new business or to expand an existing one. Businesses require both long term and short term loans. Long term loans are required to buy fixed assets such as land, building and machinery. Short term loans are required for day to day business operations.

Short term loans are usually repaid within one year. They are usually not secured against property. Your credit score will influence the lender