Many individuals that own their own business are not really sure exactly when it is the time to obtain a business loan. Shield Funding, a trusted and leading provider of business loans to existing small business owners gathered a list of the top reasons why thousands of small business owners have come to the company over the years to acquire a business loan. The most popular reasons are to pay off debt, increase working capital, and purchase inventory and equipment. Some of the lesser known reasons involve payroll expenses, marketing strategies, and various types of expenses related to expanding a business. See the top 10 reasons why small business owners have tried to acquire loans for their business in the following infographic.
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