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Struggling to choose between a business loan & a line of credit? You're not alone! Amad breaks down the key differences to help you decide which option is best for your business. 🌟Get started with Lendefied: https://merchantmaverick.go2cloud.org... (This link is an affiliate link. Merchant Maverick may receive a commission from clicks to these links.) 💌 Sign up for our Maverick newsletter to receive the latest updates, discounts, and exclusive content delivered straight to your inbox: https://www.merchantmaverick.com/subs... 🔗HELPFUL LINKS: Term Loan vs. Line of Credit: https://www.merchantmaverick.com/term... The 11 Best Small Business Loans: https://www.merchantmaverick.com/best... The Best Business Lines of Credit for Your Small Business: https://www.merchantmaverick.com/best... Visit our website: https://www.merchantmaverick.com/?utm... ⏱️TIMESTAMPS: 00:00 - Intro 00:38 - What is a business loan? 01:08 - Types of business loans 01:34 - Who are business loans best for? 01:42 - What is a business line of credit? 02:16 - Types of lines of credit 03:26 - When to get a business loan 04:01 - When to get a line of credit 04:46 - Overview 05:24 - Outro 📹CREDITS: Video editing: Ryon Hinson Music & stock footage licensed through Envato Elements Key emoji courtesy of iemoji Screenshots courtesy of Lendefied __________ 👋Say “hi” on social: / merchantmaverick / merchantmaverick / merchant-maverick / merchantmav / merchantmaverick / merchantmaverick Disclosure: This video contains affiliate links. Merchant Maverick may receive a commission from clicks to these links. Note that we never accept payment for positive reviews. Learn about how we maintain editorial integrity while earning commissions here: https://www.merchantmaverick.com/edit...