Business Loan vs Loan Against Property: Which is Right for Your Needs?

When it comes to financing business growth or managing financial emergencies, choosing the right type of loan is crucial. Two common options available to entrepreneurs are business loans and loans against property (LAP). While both serve as effective financial tools, they differ significantly in terms of purpose, eligibility, and benefits. In this article, we’ll break down the key differences to help you decide which option suits your needs.