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An advanage of taking out a loan is that whatever bought that was big is already paid for kind of. But a disadvantage of a loan is that you have to pay back the bank the amount you borrowed little by little.
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What are the 3 advantages and disadvantages of bank loan?
Advantages and disadvantages of a bank loan are based on comparative sources of finance. What are we comparing the above bank loan to? No loan at all? Equity investment? Factoring of receivables? Is the loan secured or unsecured? The question cannot be answered in a relevant manner without context.
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What are the 3 advantages and disadvantages of bank loan?
Advantages and disadvantages of a bank loan are based on comparative sources of finance. What are we comparing the above bank loan to? No loan at all? Equity investment? Factoring of receivables? Is the loan secured or unsecured? The question cannot be answered in a relevant manner without context.
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