Srinagar, Feb. 15 -- For MSME business owners in India, being funded is very instrumental for their businesses further growth and expansion plan. A question that an Indian MSME owner often asks himself/herself is: "should I opt for a business loan or a personal loan?. This question usually comes to their mind due the lack of understanding about these 2 different options and suitability for an MSME. While both options offer financial assistance, they serve two different purposes and come with different payment terms. This article looks into the nuances of business loans and personal loans, highlighting financial advantages of NBFC business loans for MSME growth.

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Business Loan vs Pers...