A business loan is a type of loan specifically intended for business purposes. It provides financial assistance to business owners who need capital to start a new business, expand an existing one, or cover operational costs. Business loans come in various forms, including term loans, lines of credit, equipment financing, and Small Business Administration (SBA) loans. The terms and conditions of business loans can vary widely depending on the lender, the amount borrowed, and the creditworthiness of the borrower. Business loans are an essential tool for entrepreneurs and business owners to fund their ventures and help them achieve their financial goals.