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LOAN

By Pashupati Thakur

Loan:

These liability are those liability in which the proprietor have to pay the loan to bank for long term or short term.

Type of loan:

  • Long term loan
These loan are those loan which have to pay by the proprietor for long term business use to bank.

These are two type:

  1. Secured loan: These loan are those loan in which the bank have to take security or guaranty from the customer.
  2. Unsecured loan: These loan are those loan in which the bank don't have to take any security or guaranty from the customer. 
  • Short term loan
These loan are those loan in which proprietor have to pay the loan to band for short term.
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