We know for the fact that these past few months have been tough times for all of us. Many people are losing their jobs, cost of living is getting high and cash is flowing out of our savings like running water. So what will you do to augment that insufficient cash? Well, you can try getting a salary loan or a business loan. What are the differences between these two?
A salary loan is a loan that you can avail which will equate to your monthly salary rate. You can do whatever you want with the money once you have been approved.
On the other hand, a business loan requires that you have a business. This is only useful if you wish to expand your capital or pay debts to an institutions.
So which is better free salary loan of free business loan? It depends on your needs.