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Payday loans, sometimes referred to as cash advance loans, have received quite a bit of bad press, but when used properly, a pay day loan can have a definite upside.
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Several big banks are exiting the small dollar, short-term loan business after being warned by federal regulators that these high-interest, payday-like.
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You can apply for a business or personal loan from your local bank as one option for getting a short-term loan to help fund your new operation.The best personal loans also have relatively low interest rates.
A loan scheduled to be repaid in less than a year - Small Business Encyclopedia.
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