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News Feed Forums Startup Funding Business Loan or Personal Loan Reply To: Business Loan or Personal Loan

  • Lilavatee Kohli

    March 10, 2021 at 7:56 am
    banana-2 3
    crowns-1 Level 1

    Hey @Ishaan ,

    Depending on the structure of your business, I would recommend you to take the business loan route.

    For instance, If your business is of a limited liability nature, a business loan will be associated with the business, not you personally. And if by chance your business suffers, your personal credit will not be effected.

    It all comes down to your strategy. Just be aware of the risks and uncertainties involved with the loan.

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