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This mortgage can provide a enterprise owner with up to $5 million in funding. Companies can use these funds for various functions, from short-term working capital to long-term purchases. Banks usually have a look at a business’ credit score history and reimbursement capability when figuring out whether to approve a 7 loan. Borrowers must pay again the loan inside 10 years, though real estate loans can take up to 25 years. Interest rates are usually between 5 and ten percent.

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